Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Bear Market Rally (-75) - KRWSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWSEK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KRWSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	KRWSEK Price	Change
0.00729827	0.00730158	0.00729529	0.00730023	+0.00000200
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

The long-term trend has been DOWN since Apr 21st, 2021 at 0.00684284

The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.00729734

The short-term trend has been UP since Oct 19th, 2021 at 0.00731921

Smart Scan Analysis for KRWSEK

Based on our trend formula, KRWSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00729827	0.00730158	0.00729529	0.00730023	+0.00000200
Prev. Close	Volume	Bid	Ask	Time
0.00729827				2021-10-22 01:34:45

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