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.

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

MarketClub’s Trade Triangles for KRWSEK

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

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

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

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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