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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.

Open High Low CADSEK Price Change
6.59075 6.61265 6.58700 6.59995 +0.00920
Entry Signal

MarketClub’s Trade Triangles for CADSEK

long term down The long-term trend has been DOWN since Mar 3rd, 2020 at 7.08110

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2021 at 6.52110

short term up 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).

Smart Scan Analysis for CADSEK
Strong Downtrend Sideways 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
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