Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Japanese Yen/Swedish Krona (FOREX:JPYSEK)
Strong Downtrend (-100) - JPYSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Oct 13th, 2021 at 0.0766925
The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.0777740
The short-term trend has been DOWN since Oct 8th, 2021 at 0.0782440
Smart Scan Analysis for JPYSEK
Based on our trend formula, JPYSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).