Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Australian Dollar/Swedish Krona (FOREX:AUDSEK)
Bull Market Weakness (+75) - AUDSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDSEK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for AUDSEK
The long-term trend has been UP since Dec 31st, 2020 at 6.4567500
The intermediate-term trend has been UP since Feb 11th, 2021 at 6.4847055
The short-term trend has been DOWN since Feb 25th, 2021 at 6.5098793
Smart Scan Analysis for AUDSEK
Based on our trend formula, AUDSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).