The first currency in a pair EUR is the one that makes the chart go up or down. So the Euro strengthens against the krona which makes the krona cheaper.
02/08/2013
EURSEK (euro against Swedish krona) month 09:18. After years of strengthening against the Euro the krona is now in a downward trend as you see with attack on major R line. A cheaper krona against the euro means Swedish export rises against Euro countries, Sweden's biggest export market. This affects profits for Swedish companies and a rising SWED trend.
The first currency in a pair EUR is the one that makes the chart go up or down. So the Euro strengthens against the krona which makes the krona cheaper.
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