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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.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
10.31060 10.42085 10.23960 10.40140 +0.09080
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term up The long-term trend has been UP since Feb 3rd, 2020 at 10.01150

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2020 at 10.09512

short term down 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).

+85
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.31060 10.42085 10.23960 10.40140 +0.09080
Prev. Close Volume Bid Ask Time
10.31060 10.39740 10.40540 2020-04-01 13:26:52
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