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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

Weak Downtrend (-65) - AUDSEK is showing signs of a strengthening downtrend. Monitor AUDSEK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid AUDSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDSEK
Open High Low AUDSEK Price Change
7.026351 7.044000 6.952287 6.964650 -0.061701
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term up The long-term trend has been UP since Jan 17th, 2023 at 7.312270

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2023 at 7.146521

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 6.981009

Smart Scan Analysis for AUDSEK

Based on our trend formula, AUDSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.026351 7.044000 6.952287 6.964650 -0.061701
Prev. Close Volume Bid Ask Time
7.026351 2023-03-20 19:08:05
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