Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 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
11.7542 11.7961 11.7492 11.7910 +0.0368
Entry Signal

MarketClub’s Trade Triangles for CHFSEK

long term down The long-term trend has been DOWN since Nov 15th, 2023 at 11.87195

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 11.78110

short term up The short-term trend has been UP since Mar 15th, 2024 at 11.72620

Smart Scan Analysis for CHFSEK

Based on our trend formula, CHFSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CHFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.7542 11.7961 11.7492 11.7910 +0.0368
Prev. Close Volume Bid Ask Time
11.7542 2024-03-19 04:38:23
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