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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Swedish Krona (FOREX:GBPSEK)
Long-Term Uptrend (+90) - GBPSEK is in a strong uptrend that is likely to continue. While GBPSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSEK.
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 GBPSEK
The long-term trend has been UP since Mar 27th, 2024 at 13.34280
The intermediate-term trend has been UP since Sep 23rd, 2024 at 13.60865
The short-term trend has been UP since Nov 20th, 2024 at 13.90150
Smart Scan Analysis for GBPSEK
Based on our trend formula, GBPSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.93280 | 13.94855 | 13.89180 | 13.92425 | -0.00855 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.93280 | 2024-11-21 05:50:14 |