Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
SWEDISH KRONA Jun 2023 (CME:SEK.M23)
Countertrend Down (-85) - SEK.M23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SEK.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.M23
The long-term trend has been DOWN since May 25th, 2023 at 0.09331
The intermediate-term trend has been DOWN since May 12th, 2023 at 0.09675
The short-term trend has been UP since Jun 8th, 2023 at 0.09245
Smart Scan Analysis for SEK.M23
Based on our trend formula, SEK.M23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).