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Forex Trend Analysis Report

Prepared for you on Sunday, June 13, 2021.

British Pound/Swedish Krona (FOREX:GBPSEK)

Weak Uptrend (+65) - GBPSEK is showing signs of weakening momentum to the upside. Monitor GBPSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPSEK
Open High Low GBPSEK Price Change
11.7394 11.7394 11.7394 11.7394 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPSEK

long term up The long-term trend has been UP since Jan 15th, 2021 at 11.58985

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2021 at 11.65660

short term up The short-term trend has been UP since Jun 11th, 2021 at 11.73420

Smart Scan Analysis for GBPSEK

Based on our trend formula, GBPSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.7394 11.7394 11.7394 11.7394 0.0000
Prev. Close Volume Bid Ask Time
11.7394 2021-06-13 05:01:04
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