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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)
Long-Term Uptrend (+90) - NZDSEK is in a strong uptrend that is likely to continue. While NZDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NZDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NZDSEK
The long-term trend has been UP since Apr 12th, 2024 at 6.4654
The intermediate-term trend has been UP since Mar 27th, 2024 at 6.3572
The short-term trend has been UP since Apr 24th, 2024 at 6.4611
Smart Scan Analysis for NZDSEK
Based on our trend formula, NZDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.4913 | 6.5242 | 6.4879 | 6.5047 | +0.0134 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.4913 | 2024-05-06 07:12:03 |