Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

US Dollar/Swedish Krona (FOREX:USDSEK)

Long-Term Uptrend (+90) - USDSEK is in a strong uptrend that is likely to continue. While USDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_USDSEK
Open High Low USDSEK Price Change
8.527715 8.527715 8.527715 8.527715 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term up The long-term trend has been UP since Mar 5th, 2021 at 8.56151

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 8.44694

short term up The short-term trend has been UP since Mar 4th, 2021 at 8.49315

Smart Scan Analysis for USDSEK

Based on our trend formula, USDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.527715 8.527715 8.527715 8.527715 0.000000
Prev. Close Volume Bid Ask Time
8.527715 2021-03-06 03:46:35
Get a free daily analysis and signals for US Dollar/Swedish Krona (USDSEK) - Request Your Free Report.