Market Conditions for EURSEK as at Oct 23, 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 10.3763 Swedish Krona at the end of the New York trading session on Friday, 0.14% more than at the previous close.
Technical Analysis Summary for Oct. 23, 2020
Although the market is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Friday's trading range has been 504 pips (0.49%), that's below the last trading month's daily average range of 673 pips. Buying could speed up should prices move above the nearby swing high at 10.3947 where further buy stops might get triggered.
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