Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
SWEDISH KRONA/YEN DECEMBER 2021 (ICE:@KJ.Z21)
Sidelines Mode (-55) - @KJ.Z21 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 @KJ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KJ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KJ.Z21
The long-term trend has been DOWN since Jul 19th, 2021 at 12.66325
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 12.74425
The short-term trend has been UP since Oct 5th, 2021 at 12.72350
Smart Scan Analysis for @KJ.Z21
Based on our trend formula, @KJ.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).