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Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
US Dollar/Swedish Krona (FOREX:USDSEK)
Weak Uptrend (+65) - USDSEK is showing signs of weakening momentum to the upside. Monitor USDSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSEK.
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 USDSEK
The long-term trend has been UP since May 25th, 2023 at 10.780295
The intermediate-term trend has been UP since Aug 8th, 2023 at 10.756010
The short-term trend has been DOWN since Sep 25th, 2023 at 11.045050
Smart Scan Analysis for USDSEK
Based on our trend formula, USDSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.008995 | 11.082010 | 10.942440 | 11.065595 | +0.056600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.008995 | 2023-09-27 18:52:56 |