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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

Weak Downtrend (-65) - CHFSEK is showing signs of a strengthening downtrend. Monitor CHFSEK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CHFSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
11.62080 11.73990 11.57705 11.73640 +0.11560
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term down The long-term trend has been DOWN since May 28th, 2024 at 11.58785

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2024 at 11.55350

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 11.66745

Smart Scan Analysis for CHFSEK

Based on our trend formula, CHFSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.62080 11.73990 11.57705 11.73640 +0.11560
Prev. Close Volume Bid Ask Time
11.62080 2024-06-13 12:17:39
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