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Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Sidelines Mode (-55) - JPYSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for JPYSEK
The long-term trend has been DOWN since Mar 22nd, 2022 at 0.077769
The intermediate-term trend has been DOWN since May 30th, 2022 at 0.076070
The short-term trend has been UP since Jun 30th, 2022 at 0.075187
Smart Scan Analysis for JPYSEK
Based on our trend formula, JPYSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0760375 | 0.0768880 | 0.0757780 | 0.0761980 | +0.0001610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0760375 | 2022-07-01 17:10:52 |