Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Weak Downtrend (-65) - JPYSEK is showing signs of a strengthening downtrend. Monitor JPYSEK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JPYSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYSEK
The long-term trend has been DOWN since Jun 1st, 2020 at 0.087071
The intermediate-term trend has been DOWN since Feb 8th, 2021 at 0.079357
The short-term trend has been UP since Mar 8th, 2021 at 0.079061
Smart Scan Analysis for JPYSEK
Based on our trend formula, JPYSEK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).