Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Swedish Krona/Norwegian Krone (FOREX:SEKNOK)
Long-Term Downtrend (-90) - SEKNOK is in a strong downtrend that is likely to continue. While SEKNOK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SEKNOK
The long-term trend has been DOWN since Feb 2nd, 2024 at 0.9929755
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 1.0048586
The short-term trend has been DOWN since Apr 10th, 2024 at 1.0079850
Smart Scan Analysis for SEKNOK
Based on our trend formula, SEKNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0050050 | 1.0059606 | 1.0044000 | 1.0051315 | +0.0001270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0050050 | 2024-04-18 02:08:47 |