Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
EURO/SWEDISH KRONA (NEW) SEPTEMBER 2022 (ICE:@KRK.U22)
Sidelines Mode (-55) - @KRK.U22 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 @KRK.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KRK.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KRK.U22
The long-term trend has been DOWN since Aug 1st, 2022 at 10.380
The intermediate-term trend has been DOWN since Jul 12th, 2022 at 10.655
The short-term trend has been UP since Aug 9th, 2022 at 10.394
Smart Scan Analysis for @KRK.U22
Based on our trend formula, @KRK.U22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.829||52wk High Date||2022-07-05|
|52wk Low||10.354||52wk Low Date||2022-08-08|