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Forex Trend Analysis Report

Prepared for you on Saturday, November 2, 2024.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

Strong Uptrend (+100) - CHFSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
12.33485 12.35890 12.28630 12.35615 +0.02130
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term up The long-term trend has been UP since Jul 25th, 2024 at 12.23585

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2024 at 12.17730

short term up The short-term trend has been UP since Oct 25th, 2024 at 12.24470

Smart Scan Analysis for CHFSEK

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

+100
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.33485 12.35890 12.28630 12.35615 +0.02130
Prev. Close Volume Bid Ask Time
12.33485 2024-11-01 17:05:59
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