Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
South Korean Won/Swedish Krona (FOREX:KRWSEK)
Strong Downtrend (-100) - KRWSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWSEK continues to fall. Traders should use caution 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.
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 DOWN since Sep 25th, 2023 at 0.00824474
The short-term trend has been DOWN since Sep 25th, 2023 at 0.00824474
Smart Scan Analysis for KRWSEK
Based on our trend formula, KRWSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).