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Forex Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Countertrend Down (-85) - KRWSEK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_KRWSEK
Open High Low KRWSEK Price Change
0.00736135 0.00736528 0.00730711 0.00732218 -0.00003900
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term down The long-term trend has been DOWN since Apr 21st, 2021 at 0.00684284

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.00729734

short term up The short-term trend has been UP since Oct 25th, 2021 at 0.00731443

Smart Scan Analysis for KRWSEK

Based on our trend formula, KRWSEK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00736135 0.00736528 0.00730711 0.00732218 -0.00003900
Prev. Close Volume Bid Ask Time
0.00736135 2021-10-27 22:43:31
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