Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
SWEDISH KRONA Jun 2020 (CME:SEK.M20)
Bull Market Weakness (+75) - SEK.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEK.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEK.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.M20
The long-term trend has been DOWN since Mar 2nd, 2020 at 0.10719
The intermediate-term trend has been UP since Apr 28th, 2020 at 0.10080
The short-term trend has been UP since May 18th, 2020 at 0.10200
Smart Scan Analysis for SEK.M20
Based on our trend formula, SEK.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).