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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Swiss Franc/Swedish Krona (FOREX:CHFSEK)
Sidelines Mode (+55) - CHFSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for CHFSEK
The long-term trend has been UP since Jul 25th, 2024 at 12.235850
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 12.302900
The short-term trend has been UP since Dec 18th, 2024 at 12.327965
Smart Scan Analysis for CHFSEK
Based on our trend formula, CHFSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.306300 | 12.368125 | 12.271000 | 12.357600 | +0.051300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.306300 | 2024-12-20 17:06:17 |