Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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.
MarketClub’s Trade Triangles for CADSEK
The long-term trend has been DOWN since Nov 29th, 2019 at 7.17665
The intermediate-term trend has been UP since Feb 14th, 2020 at 7.31720
The short-term trend has been UP since Feb 13th, 2020 at 7.27470
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).