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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

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
11.498935 11.615600 11.493215 11.597365 +0.098430
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long-term trend has been UP since Feb 2nd, 2024 at 11.842325

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 11.479010

short term up The short-term trend has been UP since Apr 11th, 2024 at 11.537940

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
11.498935 11.615600 11.493215 11.597365 +0.098430
Prev. Close Volume Bid Ask Time
11.498935 2024-04-12 10:44:56
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