Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
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.
MarketClub’s Trade Triangles for GBPSEK
The long-term trend has been UP since Jan 15th, 2021 at 11.58985
The intermediate-term trend has been UP since Jan 11th, 2021 at 11.33840
The short-term trend has been UP since Mar 8th, 2021 at 11.84165
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).