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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
US Dollar/Swedish Krona (FOREX:USDSEK)
Long-Term Uptrend (+90) - USDSEK is in a strong uptrend that is likely to continue. While USDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid USDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDSEK
The long-term trend has been UP since Mar 28th, 2024 at 10.662690
The intermediate-term trend has been UP since Mar 18th, 2024 at 10.404420
The short-term trend has been UP since Apr 10th, 2024 at 10.676985
Smart Scan Analysis for USDSEK
Based on our trend formula, USDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.993595 | 10.995095 | 10.987250 | 10.994955 | +0.001360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.993595 | 2024-04-19 01:03:15 |