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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Euro/Swedish Krona (FOREX:EURSEK)

Sidelines Mode (-55) - EURSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURSEK
Open High Low EURSEK Price Change
10.12081 10.12081 10.12081 10.12081 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 10.222795

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 10.186730

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 10.040475

Smart Scan Analysis for EURSEK

Based on our trend formula, EURSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.12081 10.12081 10.12081 10.12081 0.00000
Prev. Close Volume Bid Ask Time
10.12081 2021-03-06 03:46:34
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