| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The common European currency is surging against the Swedish Krona simultaneously in three ascending channel patterns. Each one of the patterns is of various scale and importance. In this review the relationship between the two minor channels is described the most. First and most importantly, the junior channel up pattern is about to become obsolete. The reason for that is the fact that it has hit and bounced off the resistance line of the dominant channel near the 9.82 mark. Due to that reason the currency exchange rate is most likely going to form a short term descending channel, which will guide the pair down to the lower trend line of the medium term pattern.