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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Crossroads (+60) - KRWSEK is struggling to move into a solid trend. Beware of choppy markets 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
0.00780594 0.00782627 0.00771316 0.00781767 +0.00001200
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term down The long-term trend has been DOWN since May 30th, 2024 at 0.00768351

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2024 at 0.00773804

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.00768473

Smart Scan Analysis for KRWSEK

Based on our trend formula, KRWSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00780594 0.00782627 0.00771316 0.00781767 +0.00001200
Prev. Close Volume Bid Ask Time
0.00780594 2024-07-26 17:00:06
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