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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/Swedish Krona (FOREX:CNYSEK)
Strong Downtrend (-100) - CNYSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CNYSEK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNYSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYSEK.
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 CNYSEK
The long-term trend has been DOWN since Feb 11th, 2025 at 1.4867790
The intermediate-term trend has been DOWN since Feb 5th, 2025 at 1.4997584
The short-term trend has been DOWN since Feb 19th, 2025 at 1.4713487
Smart Scan Analysis for CNYSEK
Based on our trend formula, CNYSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4690664 | 1.4690664 | 1.4690664 | 1.4690664 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4690664 | 2025-02-22 03:11:11 |