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.
MarketClub’s Trade Triangles for AUDSEK
The long-term trend has been UP since Jan 17th, 2023 at 7.312270
The intermediate-term trend has been DOWN since Feb 20th, 2023 at 7.146521
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).