Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
SWEDISH KRONA Dec 2021 (CME:SEK.Z21)
Sidelines Mode (+55) - SEK.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEK.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEK.Z21
The long-term trend has been DOWN since Sep 8th, 2021 at 0.11605
The intermediate-term trend has been UP since Oct 15th, 2021 at 0.11603
The short-term trend has been DOWN since Oct 26th, 2021 at 0.11622
Smart Scan Analysis for SEK.Z21
Based on our trend formula, SEK.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).