Market Conditions for EURSEK as at Aug 05, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Euro/Swedish Krona
Euro/Swedish Krona ProfileThe Euro/Swedish Krona (EUR/SEK) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. EUR is the base currency and SEK is the quote currency, meaning that 1 Euro was worth 10.2817 Swedish Krona at the end of the New York trading session on Wednesday, -0.14% less than at the previous close.
Technical Analysis Summary for Aug. 5, 2020
Though the currency is experiencing a short-term uptrend, this could just be a correction, as both the medium and long-term trends are still bearish. Wednesday's trading range has been 282 pips (0.27%), that's far below the last trading month's daily average range of 600 pips. Selling might speed up should prices move below the close-by swing low at 10.2702 where further sell stops could get triggered.
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