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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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.

FOREX_GBPSEK
Open High Low GBPSEK Price Change
13.78775 13.86020 13.77160 13.85120 +0.06345
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term up The long-term trend has been UP since Mar 27th, 2024 at 13.34280

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2024 at 13.47425

short term up The short-term trend has been UP since Jul 22nd, 2024 at 13.81590

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).

+100
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.78775 13.86020 13.77160 13.85120 +0.06345
Prev. Close Volume Bid Ask Time
13.78775 2024-07-22 12:16:43
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