Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Euro/Swedish Krona (FOREX:EURSEK)

Strong Downtrend (-100) - EURSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
10.451125 10.476600 10.424730 10.427115 -0.024010
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term down The long-term trend has been DOWN since May 29th, 2020 at 10.48461

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2020 at 10.84450

short term down The short-term trend has been DOWN since May 28th, 2020 at 10.52050

Smart Scan Analysis for EURSEK

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

-100
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.451125 10.476600 10.424730 10.427115 -0.024010
Prev. Close Volume Bid Ask Time
10.451125 10.423130 10.431100 2020-06-01 15:57:41
Get a free daily analysis and signals for Euro/Swedish Krona (EURSEK) - Request Your Free Report.