Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

British Pound/Swedish Krona (FOREX:GBPSEK)

Strong Downtrend (-100) - GBPSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPSEK continues to fall. Traders should use caution and set stops.

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
13.1333 13.1333 13.1333 13.1333 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 13.24015

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2023 at 13.29340

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 13.15520

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
13.1333 13.1333 13.1333 13.1333 0.0000
Prev. Close Volume Bid Ask Time
13.1333 2023-12-09 23:25:06
Get a free daily analysis and signals for British Pound/Swedish Krona (GBPSEK) - Request Your Free Report.