Future Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
SWEDISH KRONA Jun 2021 (CME:SEK.M21)
Long-Term Uptrend (+90) - SEK.M21 is in a strong uptrend that is likely to continue. While SEK.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SEK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.M21
The long-term trend has been UP since Apr 28th, 2021 at 0.11970
The intermediate-term trend has been UP since Apr 13th, 2021 at 0.11749
The short-term trend has been UP since May 16th, 2021 at 0.12011
Smart Scan Analysis for SEK.M21
Based on our trend formula, SEK.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).