Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Countertrend Up (+85) - CHFSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Feb 3rd, 2020 at 10.01150
The intermediate-term trend has been UP since Mar 8th, 2020 at 10.09512
The short-term trend has been DOWN since Mar 31st, 2020 at 10.26220
Smart Scan Analysis for CHFSEK
Based on our trend formula, CHFSEK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).