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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.

FOREX_GBPSEK
Open High Low GBPSEK Price Change
11.86245 11.87225 10.84850 11.84215 -0.02030
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term up The long-term trend has been UP since Jan 15th, 2021 at 11.58985

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2021 at 11.33840

short term up 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).

+90
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.86245 11.87225 10.84850 11.84215 -0.02030
Prev. Close Volume Bid Ask Time
11.86245 2021-03-09 05:04:26
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