Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
EURO/SWEDISH KRONA (NEW) DECEMBER 2023 (ICE:@KRK.Z23)
Long-Term Downtrend (-90) - @KRK.Z23 is in a strong downtrend that is likely to continue. While @KRK.Z23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @KRK.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KRK.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KRK.Z23
The long-term trend has been DOWN since Nov 14th, 2023 at 11.526
The intermediate-term trend has been DOWN since Nov 13th, 2023 at 11.626
The short-term trend has been DOWN since Dec 1st, 2023 at 11.352
Smart Scan Analysis for @KRK.Z23
Based on our trend formula, @KRK.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.995||52wk High Date||2023-09-18|
|52wk Low||11.2045||52wk Low Date||2023-12-07|