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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.

FOREX_JPYSEK
Open High Low JPYSEK Price Change
0.0787960 0.0790630 0.0785795 0.0787065 -0.0000900
Entry Signal

MarketClub’s Trade Triangles for JPYSEK

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 0.087071

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2021 at 0.079357

short term up 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).

-65
Smart Scan Analysis for JPYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0787960 0.0790630 0.0785795 0.0787065 -0.0000900
Prev. Close Volume Bid Ask Time
0.0787960 2021-03-08 20:36:39
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