Future Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
SWEDISH KRONA Jun 2021 (CME:SEK.M21)
Sidelines Mode (-55) - SEK.M21 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 SEK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.M21
The long-term trend has been DOWN since Mar 1st, 2021 at 0.11970
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.11970
The short-term trend has been UP since Apr 5th, 2021 at 0.11496
Smart Scan Analysis for SEK.M21
Based on our trend formula, SEK.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).