Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Bull Market Weakness (+75) - KRWSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWSEK as it may be in the beginning stages of a reversal.

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.

Open	High	Low	KRWSEK Price	Change
0.00790129	0.00796811	0.00788087	0.00794413	+0.00004300
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

The long-term trend has been DOWN since Sep 27th, 2023 at 0.00803255

The intermediate-term trend has been UP since Mar 12th, 2024 at 0.00783869

The short-term trend has been UP since Apr 25th, 2024 at 0.00792822

Smart Scan Analysis for KRWSEK

Based on our trend formula, KRWSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00790129	0.00796811	0.00788087	0.00794413	+0.00004300
Prev. Close	Volume	Bid	Ask	Time
0.00790129				2024-04-26 12:35:05

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