Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
South Korean Won/Swedish Krona (FOREX:KRWSEK)
Bull Market Weakness (+75) - KRWSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWSEK as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for KRWSEK
The long-term trend has been UP since Mar 19th, 2020 at 0.00824810
The intermediate-term trend has been UP since Mar 18th, 2020 at 0.00815045
The short-term trend has been DOWN since Apr 1st, 2020 at 0.00810169
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).