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Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
Bull Market Weakness (+75) - CADSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADSEK
The long-term trend has been DOWN since Mar 3rd, 2020 at 7.08110
The intermediate-term trend has been UP since Jan 13th, 2021 at 6.52110
The short-term trend has been UP since Feb 17th, 2021 at 6.55965
Smart Scan Analysis for CADSEK
Based on our trend formula, CADSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.59075 | 6.61265 | 6.58700 | 6.59995 | +0.00920 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.59075 | 2021-02-26 05:42:46 |