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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.

FOREX_EURSEK
Open High Low EURSEK Price Change
10.107030 10.197275 10.091150 10.197165 +0.090135
Entry Signal

MarketClub’s Trade Triangles for EURSEK

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 10.222795

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 10.186730

short term up 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).

+70
Smart Scan Analysis for EURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.107030 10.197275 10.091150 10.197165 +0.090135
Prev. Close Volume Bid Ask Time
10.107030 2021-02-26 11:13:21
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