| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The USD/SEK exchange rate has been trading downwards within a descending channel since the middle of August.
From a theoretical perspective, it is likely that some downside potential could continue to prevail in the market, and the exchange rate could continue to decline within the given channel.
Meanwhile, it is unlikely that bulls could prevail in the market, and the exchange rate could exceed the Fibo 61.80% at the 8.8359 mark.