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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Euro/Swedish Krona (FOREX:EURSEK)

Weak Downtrend (-65) - EURSEK is showing signs of a strengthening downtrend. Monitor EURSEK as it may be building momentum to the downside.

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
11.587145 11.593665 11.583160 11.585630 -0.001515
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 down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 11.787730

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 11.869505

Smart Scan Analysis for EURSEK

Based on our trend formula, EURSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.587145 11.593665 11.583160 11.585630 -0.001515
Prev. Close Volume Bid Ask Time
11.587145 2023-10-03 00:22:19
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