Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Crossroads (-60) - CHFSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for CHFSEK
The long-term trend has been UP since Jun 16th, 2021 at 9.3112
The intermediate-term trend has been DOWN since Oct 17th, 2021 at 9.3158
The short-term trend has been DOWN since Oct 13th, 2021 at 9.3988
Smart Scan Analysis for CHFSEK
Based on our trend formula, CHFSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).