Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
SWEDISH KRONA Dec 2023 (CME:SEK.Z23)
Bull Market Weakness (+75) - SEK.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEK.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEK.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.Z23
The long-term trend has been UP since Sep 28th, 2023 at 0.09160
The intermediate-term trend has been UP since Nov 9th, 2023 at 0.09210
The short-term trend has been DOWN since Nov 30th, 2023 at 0.09605
Smart Scan Analysis for SEK.Z23
Based on our trend formula, SEK.Z23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).