Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Swedish Krona/Euro (FOREX:SEKEUR)

Sidelines Mode (+55) - SEKEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKEUR
Open High Low SEKEUR Price Change
0.09836050 0.09894872 0.09830982 0.09885750 +0.00049700
Entry Signal

MarketClub’s Trade Triangles for SEKEUR

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 0.09737950

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 0.09871301

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 0.09871330

Smart Scan Analysis for SEKEUR

Based on our trend formula, SEKEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SEKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09836050 0.09894872 0.09830982 0.09885750 +0.00049700
Prev. Close Volume Bid Ask Time
0.09836050 2021-05-07 15:04:05
Get a free daily analysis and signals for Swedish Krona/Euro (SEKEUR) - Request Your Free Report.