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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Sidelines Mode (-55) - KRWSEK 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 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.

FOREX_KRWSEK
Open High Low KRWSEK Price Change
0.00749121 0.00757309 0.00747592 0.00756878 +0.00007800
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term down The long-term trend has been DOWN since Dec 28th, 2020 at 0.00726629

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.00745650

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.00750305

Smart Scan Analysis for KRWSEK

Based on our trend formula, KRWSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00749121 0.00757309 0.00747592 0.00756878 +0.00007800
Prev. Close Volume Bid Ask Time
0.00749121 2021-03-01 07:27:43
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