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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.
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MarketClub’s Trade Triangles for EURSEK
The long-term trend has been UP since Jul 1st, 2022 at 10.769910
The intermediate-term trend has been UP since Aug 15th, 2022 at 10.491190
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).
| 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 |