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.
MarketClub’s Trade Triangles for KRWSEK
The long-term trend has been DOWN since Aug 1st, 2022 at 0.00771967
The intermediate-term trend has been UP since Aug 16th, 2022 at 0.00792953
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).