Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/Chinese Yuan Renminbi (FOREX:SEKCNY)
Weak Downtrend (-65) - SEKCNY is showing signs of a strengthening downtrend. Monitor SEKCNY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SEKCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCNY.
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 SEKCNY
The long-term trend has been DOWN since Mar 27th, 2024 at 0.66864020
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.68302990
The short-term trend has been DOWN since May 7th, 2024 at 0.65072012
Smart Scan Analysis for SEKCNY
Based on our trend formula, SEKCNY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.65131224 | 0.65144454 | 0.64893928 | 0.65095755 | -0.00035500 |
Prev. Close | Volume | Bid | Ask | Time |
0.65131224 | 2024-05-09 00:55:15 |