Free Daily Analysis

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.

FOREX_CHFSEK
Open High Low CHFSEK Price Change
9.335345 9.376400 9.334000 9.369300 +0.033955
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term up The long-term trend has been UP since Jun 16th, 2021 at 9.3112

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2021 at 9.3158

short term down 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).

-60
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.335345 9.376400 9.334000 9.369300 +0.033955
Prev. Close Volume Bid Ask Time
9.335345 2021-10-21 11:44:49
Get a free daily analysis and signals for Swiss Franc/Swedish Krona (CHFSEK) - Request Your Free Report.