Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
EURO/SWEDISH KRONA Jun 2021 (CME:ESK.M21)
Sidelines Mode (-55) - ESK.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 ESK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ESK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ESK.M21
The long-term trend has been DOWN since Apr 15th, 2021 at 10.130
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 10.162
The short-term trend has been UP since May 12th, 2021 at 10.146
Smart Scan Analysis for ESK.M21
Based on our trend formula, ESK.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).