Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Bull Market Weakness (+75) - CHFSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFSEK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CHFSEK
The long-term trend has been UP since Jun 16th, 2021 at 9.31120
The intermediate-term trend has been UP since Mar 7th, 2023 at 11.34195
The short-term trend has been UP since Mar 24th, 2023 at 11.29470
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).