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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for EURSEK
The long-term trend has been UP since Jul 25th, 2024 at 11.784615
The intermediate-term trend has been UP since Jul 7th, 2024 at 11.440710
The short-term trend has been DOWN since Jul 26th, 2024 at 11.653200
Smart Scan Analysis for EURSEK
Based on our trend formula, EURSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.74866 | 11.87991 | 11.51829 | 11.51829 | -0.23037 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.74866 | 2024-07-26 19:23:34 |