Forex Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Chinese Yuan Renminbi/Swedish Krona (FOREX:CNYSEK)
Weak Uptrend (+65) - CNYSEK is showing signs of weakening momentum to the upside. Monitor CNYSEK as it may be in the beginning stages of a reversal.
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 UP since Oct 31st, 2024 at 1.5040591
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 1.5010332
The short-term trend has been UP since Dec 10th, 2024 at 1.5076538
Smart Scan Analysis for CNYSEK
Based on our trend formula, CNYSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.5158170 | 1.5161487 | 1.5109763 | 1.5127166 | -0.0031000 |
Prev. Close | Volume | Bid | Ask | Time |
1.5158170 | 2024-12-13 04:41:57 |