Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
SWEDISH KRONA Dec 2020 (CME:SEK.Z20)
Weak Downtrend (-65) - SEK.Z20 is showing signs of a strengthening downtrend. Monitor SEK.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SEK.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.Z20
The long-term trend has been DOWN since Sep 3rd, 2020 at 0.11425
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 0.11425
The short-term trend has been UP since Oct 19th, 2020 at 0.11332
Smart Scan Analysis for SEK.Z20
Based on our trend formula, SEK.Z20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).