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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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.

FOREX_EURSEK
Open High Low EURSEK Price Change
11.540755 11.557025 11.523100 11.533795 -0.006960
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long-term trend has been UP since Feb 2nd, 2024 at 11.842325

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 11.479010

short term up The short-term trend has been UP since Mar 14th, 2024 at 11.227855

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).

+90
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.540755 11.557025 11.523100 11.533795 -0.006960
Prev. Close Volume Bid Ask Time
11.540755 2024-03-29 07:27:20
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