Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Euro/Swedish Krona (FOREX:EURSEK)

Strong Uptrend (+100) - EURSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURSEK 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 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
10.607900 10.641015 10.603290 10.631340 +0.023440
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long-term trend has been UP since Jul 1st, 2022 at 10.769910

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2022 at 10.491190

short term up The short-term trend has been UP since Aug 12th, 2022 at 10.401025

Smart Scan Analysis for EURSEK

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

+100
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.607900 10.641015 10.603290 10.631340 +0.023440
Prev. Close Volume Bid Ask Time
10.607900 2022-08-19 22:30:14
Get a free daily analysis and signals for Euro/Swedish Krona (EURSEK) - Request Your Free Report.