Sunday, October 01, 2017

ETF's Currency Shares Alert

This week, the CurrencyShares Swedish Krona Trust (FXS) slid 3.04 points, or 2.53%.
The CurrencyShares Swedish Krona Trust weekly downtrend started on August 29, 2017 at 121.07 and reached 116.62 on September 27, 2017, making 3.68% decline in seventeen business days.


It was the biggest weekly drop since October 2015. The volume was 192% above average. This is a sign that there may be a significant move to come. FXS price is below 20 and 50 Day Moving Average. FXS price is near 50 Day Moving Average. Williams' Percentage Range and Lane's Stochastic are oversold in a daily time frame.

http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?r=247