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Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
Canadian Dollar/Swedish Krona (FOREX:CADSEK)
Bull Market Weakness (+75) - CADSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADSEK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CADSEK
The long-term trend has been UP since Nov 5th, 2024 at 7.7699
The intermediate-term trend has been UP since Jan 13th, 2025 at 7.8027
The short-term trend has been DOWN since Jan 15th, 2025 at 7.7668
Smart Scan Analysis for CADSEK
Based on our trend formula, CADSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.74605 | 7.79200 | 7.72250 | 7.72920 | -0.01685 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.74605 | 2025-01-17 17:06:48 |