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Forex Trend Analysis Report

Prepared for you on Monday, December 30, 2024.

Euro/Swedish Krona (FOREX:EURSEK)

Sidelines Mode (+55) - EURSEK 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 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
11.467080 11.501995 11.450200 11.489075 +0.021995
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term up The long-term trend has been UP since Dec 24th, 2024 at 11.79221

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2024 at 11.40994

short term up The short-term trend has been UP since Dec 24th, 2024 at 11.51500

Smart Scan Analysis for EURSEK

Based on our trend formula, EURSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.467080 11.501995 11.450200 11.489075 +0.021995
Prev. Close Volume Bid Ask Time
11.467080 2024-12-30 09:32:11
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