Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Euro/Swedish Krona (FOREX:EURSEK)
Long-Term Uptrend (+90) - EURSEK is in a strong uptrend that is likely to continue. While EURSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSEK
The long-term trend has been UP since Nov 26th, 2021 at 10.32980
The intermediate-term trend has been UP since Jan 18th, 2022 at 10.36829
The short-term trend has been UP since Jan 14th, 2022 at 10.31508
Smart Scan Analysis for EURSEK
Based on our trend formula, EURSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).