Future Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
EURO/SWEDISH KRONA Dec 2023 (CME:ESK.Z23)
Bear Market Rally (-75) - ESK.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ESK.Z23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ESK.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ESK.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ESK.Z23
The long-term trend has been DOWN since Sep 20th, 2023 at 11.8720
The intermediate-term trend has been DOWN since Nov 13th, 2023 at 11.6160
The short-term trend has been UP since Nov 14th, 2023 at 11.6595
Smart Scan Analysis for ESK.Z23
Based on our trend formula, ESK.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).