Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Swedish Krona (FOREX:EURSEK)
Bull Market Weakness (+75) - EURSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURSEK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURSEK
The long-term trend has been DOWN since Nov 9th, 2020 at 10.222795
The intermediate-term trend has been UP since Feb 26th, 2021 at 10.186730
The short-term trend has been UP since Feb 18th, 2021 at 10.057970
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).