Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
Strong Uptrend (+100) - CADSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CADSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADSEK
The long-term trend has been UP since Oct 6th, 2021 at 6.97500
The intermediate-term trend has been UP since Jun 10th, 2022 at 7.83865
The short-term trend has been UP since Jun 23rd, 2022 at 7.85155
Smart Scan Analysis for CADSEK
Based on our trend formula, CADSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).