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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.

FOREX_USDSEK
Open High Low USDSEK Price Change
11.008995 11.082010 10.942440 11.065595 +0.056600
Entry Signal

MarketClub’s Trade Triangles for USDSEK

long term up The long-term trend has been UP since May 25th, 2023 at 10.780295

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2023 at 10.756010

short term down 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).

+65
Smart Scan Analysis for USDSEK
Strong Downtrend Sideways 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
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