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.
MarketClub’s Trade Triangles for GBPSEK
The long-term trend has been UP since Jan 15th, 2021 at 11.58985
The intermediate-term trend has been DOWN since Jun 9th, 2021 at 11.65660
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).