Future Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
SWEDISH KRONA Sep 2021 (CME:SEK.U21)
Sidelines Mode (-55) - SEK.U21 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 SEK.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.U21
The long-term trend has been DOWN since Jun 16th, 2021 at 0.12003
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 0.12003
The short-term trend has been UP since Jul 26th, 2021 at 0.11535
Smart Scan Analysis for SEK.U21
Based on our trend formula, SEK.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).