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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Swedish Krona (FOREX:GBPSEK)

Sidelines Mode (-55) - GBPSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPSEK
Open High Low GBPSEK Price Change
12.89590 12.89980 12.82195 12.88370 -0.01220
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term down The long-term trend has been DOWN since Feb 6th, 2025 at 13.53625

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2025 at 13.53625

short term up The short-term trend has been UP since May 8th, 2025 at 12.88150

Smart Scan Analysis for GBPSEK

Based on our trend formula, GBPSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.89590 12.89980 12.82195 12.88370 -0.01220
Prev. Close Volume Bid Ask Time
12.89590 2025-05-09 08:07:19
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