Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

Bull Market Weakness (+75) - CHFSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHFSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
11.9270 11.9660 11.8883 11.8883 -0.0387
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term up The long-term trend has been UP since Apr 18th, 2024 at 12.19730

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 11.83630

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 11.97095

Smart Scan Analysis for CHFSEK

Based on our trend formula, CHFSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.9270 11.9660 11.8883 11.8883 -0.0387
Prev. Close Volume Bid Ask Time
11.9270 2024-04-23 11:22:19
Get a free daily analysis and signals for Swiss Franc/Swedish Krona (CHFSEK) - Request Your Free Report.