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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

South Korean Won/Swedish Krona (FOREX:KRWSEK)

Crossroads (+60) - KRWSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00787991 0.00790674 0.00785680 0.00786720 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for KRWSEK

long term down The long-term trend has been DOWN since Aug 1st, 2022 at 0.00771967

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2022 at 0.00792953

short term up The short-term trend has been UP since Aug 12th, 2022 at 0.00783393

Smart Scan Analysis for KRWSEK

Based on our trend formula, KRWSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00787991 0.00790674 0.00785680 0.00786720 -0.00001300
Prev. Close Volume Bid Ask Time
0.00787991 2022-08-18 07:24:01
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