Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
British Pound/Swedish Krona (FOREX:GBPSEK)
Strong Uptrend (+100) - GBPSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPSEK 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 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.
MarketClub’s Trade Triangles for GBPSEK
The long-term trend has been UP since Jan 17th, 2023 at 12.8222
The intermediate-term trend has been UP since Mar 7th, 2023 at 12.6672
The short-term trend has been UP since Mar 24th, 2023 at 12.7534
Smart Scan Analysis for GBPSEK
Based on our trend formula, GBPSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).