Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Sunday, November 17, 2024.
British Pound/Swedish Krona (FOREX:GBPSEK)
Sidelines Mode (+55) - GBPSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPSEK
The long-term trend has been UP since Mar 27th, 2024 at 13.34280
The intermediate-term trend has been UP since Sep 23rd, 2024 at 13.60865
The short-term trend has been DOWN since Nov 15th, 2024 at 13.87450
Smart Scan Analysis for GBPSEK
Based on our trend formula, GBPSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.857 | 13.857 | 13.857 | 13.857 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.857 | 2024-11-17 04:51:17 |