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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Euro/Swedish Krona (FOREX:EURSEK)

Weak Downtrend (-65) - EURSEK is showing signs of a strengthening downtrend. Monitor EURSEK as it may be building momentum to the downside.

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.

FOREX_EURSEK
Open High Low EURSEK Price Change
10.0018 10.0018 10.0018 10.0018 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long-term trend has been UP since Aug 19th, 2021 at 10.281195

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 10.126410

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 10.097300

Smart Scan Analysis for EURSEK

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

-70
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.0018 10.0018 10.0018 10.0018 0.0000
Prev. Close Volume Bid Ask Time
10.0018 2021-10-17 05:01:08
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