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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Long-Term Uptrend (+90) - CHFSEK is in a strong uptrend that is likely to continue. While CHFSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for CHFSEK
The long-term trend has been UP since Jul 25th, 2024 at 12.23585
The intermediate-term trend has been UP since Jun 14th, 2024 at 11.80235
The short-term trend has been UP since Jul 22nd, 2024 at 12.03400
Smart Scan Analysis for CHFSEK
Based on our trend formula, CHFSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.28345 | 12.28925 | 12.21415 | 12.24590 | -0.03755 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.28345 | 2024-07-26 17:00:03 |