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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Euro/Swedish Krona (FOREX:EURSEK)
Countertrend Up (+85) - EURSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for EURSEK
The long-term trend has been UP since Jul 1st, 2022 at 10.769910
The intermediate-term trend has been UP since Mar 7th, 2023 at 11.225345
The short-term trend has been UP since Mar 23rd, 2023 at 11.228080
Smart Scan Analysis for EURSEK
Based on our trend formula, EURSEK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.193430 | 11.229105 | 11.174700 | 11.213505 | +0.020075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.193430 | 2023-03-24 08:10:50 |