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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Swiss Franc/Swedish Krona (FOREX:CHFSEK)

Long-Term Downtrend (-90) - CHFSEK is in a strong downtrend that is likely to continue. While CHFSEK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
9.4039 9.4097 9.3749 9.3936 -0.0103
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term down The long-term trend has been DOWN since May 29th, 2020 at 9.81985

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 9.58270

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 9.41750

Smart Scan Analysis for CHFSEK

Based on our trend formula, CHFSEK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.4039 9.4097 9.3749 9.3936 -0.0103
Prev. Close Volume Bid Ask Time
9.4039 2020-11-27 16:59:45
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