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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
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.
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MarketClub’s Trade Triangles for KRWSEK
The long-term trend has been UP since Nov 15th, 2024 at 0.00787174
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.00770276
The short-term trend has been UP since Dec 3rd, 2024 at 0.00785137
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00765368 | 0.00769852 | 0.00763371 | 0.00768429 | +0.00003100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00765368 | 2024-12-06 14:09:59 |