Title
by Americanbulls.com LLC
Last Update
22.01.2021
CADSEK
CANADIAN DOLLAR / SWEDISH KRONA
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
6.5121
Change:
-0.0315
Percent change
-0.48%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 6.5436, and our valid average selling price stands now at 6.5302. The previous BUY signal was issued on 31.12.2020, 22 days ago, when the currency rate was 6.4346. Since then CADSEK has risen by +1.49%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
22.01.20216.5302SELL $9,751
31.12.20206.4346BUY $8,612
16.12.20206.5703SELL $8,622
08.12.20206.5914BUY $8,884
07.12.20206.5525SHORT $9,370
30.11.20206.5907BUY $9,846
25.11.20206.5526SHORT $10,336
23.11.20206.5964BUY $10,871
10.11.20206.6131SHORT $10,763
29.10.20206.6828BUY $11,592
29.09.20206.7407SELL $11,602
22.09.20206.6569BUY $10,684
08.09.20206.6711SELL $10,694
01.09.20206.6398BUY $10,350
26.08.20206.6282SELL $10,360
19.08.20206.5744BUY $9,753
14.08.20206.5518SHORT $10,059
04.08.20206.5440BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$2/day
† Short Swap: -US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
22.01.20216.5302SELL $9,168
31.12.20206.4346BUY $8,029
16.12.20206.5703SELL $8,039
08.12.20206.5914BUY $8,301
07.12.20206.5525SHORT $8,787
30.11.20206.5907BUY $9,263
25.11.20206.5526SHORT $9,753
23.11.20206.5964BUY $10,288
10.11.20206.6131SHORT $10,180
29.10.20206.6828BUY $11,009
29.09.20206.7407SELL $11,019
22.09.20206.6569BUY $10,101
08.09.20206.6711SELL $10,111
01.09.20206.6398BUY $9,767
26.08.20206.6282SELL $9,777
19.08.20206.5744BUY $9,170
14.08.20206.5518SHORT $9,476
04.08.20206.5440BUY $9,407
23.06.20206.9149SELL $9,417
02.06.20206.8987BUY $9,255
28.05.20206.9587SHORT $8,657
15.05.20206.9911BUY $9,016
12.05.20206.9751SHORT $9,214
04.05.20206.9936BUY $9,423
28.04.20207.0871SELL $9,433
22.04.20207.1221BUY $9,796
15.04.20207.1131SELL $9,806
02.04.20207.0648BUY $9,335
31.03.20207.0655SELL $9,345
26.03.20207.1096BUY $9,799
24.03.20207.1018SELL $9,809
19.03.20207.0827BUY $9,634
17.03.20206.9664SHORT $10,796
12.03.20206.9494BUY $10,645
26.02.20207.3007SELL $10,655
06.02.20207.2349BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$2/day
† Short Swap: -US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
22.01.20216.5302SELL $15,063
31.12.20206.4346BUY $13,924
16.12.20206.5703SELL $13,934
08.12.20206.5914BUY $14,196
07.12.20206.5525SHORT $14,682
30.11.20206.5907BUY $15,158
25.11.20206.5526SHORT $15,648
23.11.20206.5964BUY $16,183
10.11.20206.6131SHORT $16,075
29.10.20206.6828BUY $16,904
29.09.20206.7407SELL $16,914
22.09.20206.6569BUY $15,996
08.09.20206.6711SELL $16,006
01.09.20206.6398BUY $15,662
26.08.20206.6282SELL $15,672
19.08.20206.5744BUY $15,065
14.08.20206.5518SHORT $15,371
04.08.20206.5440BUY $15,302
23.06.20206.9149SELL $15,312
02.06.20206.8987BUY $15,150
28.05.20206.9587SHORT $14,552
15.05.20206.9911BUY $14,911
12.05.20206.9751SHORT $15,109
04.05.20206.9936BUY $15,318
28.04.20207.0871SELL $15,328
22.04.20207.1221BUY $15,691
15.04.20207.1131SELL $15,701
02.04.20207.0648BUY $15,230
31.03.20207.0655SELL $15,240
26.03.20207.1096BUY $15,694
24.03.20207.1018SELL $15,704
19.03.20207.0827BUY $15,529
17.03.20206.9664SHORT $16,691
12.03.20206.9494BUY $16,540
26.02.20207.3007SELL $16,550
06.02.20207.2349BUY $15,885
03.02.20207.2606SELL $15,895
31.12.20197.1666BUY $14,931
03.12.20197.1675SHORT $15,082
29.11.20197.2084BUY $15,532
26.11.20197.2342SHORT $15,298
05.11.20197.3314BUY $16,331
31.10.20197.3306SHORT $16,385
23.10.20197.3736BUY $16,851
17.10.20197.3942SELL $16,861
07.10.20197.4213BUY $17,150
03.10.20197.3981SELL $17,160
17.09.20197.3003BUY $16,179
12.09.20197.3145SELL $16,189
09.09.20197.3326BUY $16,387
03.09.20197.3628SELL $16,397
26.08.20197.2864BUY $15,629
21.08.20197.2428SELL $15,639
16.08.20197.2532BUY $15,758
13.08.20197.2143SELL $15,768
08.08.20197.2560BUY $16,216
05.08.20197.2795SELL $16,226
23.07.20197.1918BUY $15,325
09.07.20197.2151SELL $15,335
27.06.20197.0716BUY $13,830
21.06.20197.0706SELL $13,840
19.06.20197.1433BUY $14,628
17.06.20197.0679SHORT $15,453
10.06.20197.0969BUY $15,779
13.05.20197.1485SELL $15,789
18.04.20196.9587BUY $13,830
11.04.20196.9376SELL $13,840
22.03.20196.8808BUY $13,239
14.03.20196.9761SHORT $12,268
07.03.20197.0265BUY $12,830
26.02.20197.0469SELL $12,840
24.01.20196.7814BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$2/day
† Short Swap: -US$5/day

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