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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Swedish Krona (FOREX:USDSEK)
Sidelines Mode (-55) - USDSEK 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 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 DOWN since Feb 23rd, 2025 at 10.600645
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 10.809000
The short-term trend has been UP since May 8th, 2025 at 9.700285
Smart Scan Analysis for USDSEK
Based on our trend formula, USDSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.744980 | 9.750055 | 9.667995 | 9.699800 | -0.045180 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.744980 | 2025-05-09 07:29:30 |