Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Australian Dollar/Swedish Krona (FOREX:AUDSEK)

Sidelines Mode (-55) - AUDSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
6.923377 6.935600 6.909500 6.919100 -0.004277
Entry Signal

MarketClub’s Trade Triangles for AUDSEK

long term down The long-term trend has been DOWN since Oct 13th, 2023 at 6.908500

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2023 at 6.905141

short term up The short-term trend has been UP since Nov 30th, 2023 at 6.912700

Smart Scan Analysis for AUDSEK

Based on our trend formula, AUDSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.923377 6.935600 6.909500 6.919100 -0.004277
Prev. Close Volume Bid Ask Time
6.923377 2023-12-04 12:12:32
Get a free daily analysis and signals for Australian Dollar/Swedish Krona (AUDSEK) - Request Your Free Report.