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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
Crossroads (-60) - CADSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 5th, 2024 at 7.76990
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 7.69855
The short-term trend has been DOWN since Dec 25th, 2024 at 7.65150
Smart Scan Analysis for CADSEK
Based on our trend formula, CADSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.7289 | 7.7301 | 7.6580 | 7.6707 | -0.0582 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.7289 | 2024-12-26 20:32:15 |