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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi/Swedish Krona (FOREX:CNYSEK)
Bull Market Weakness (+75) - CNYSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 Apr 14th, 2025 at 1.5744650
The intermediate-term trend has been DOWN since Apr 20th, 2025 at 1.3094973
The short-term trend has been UP since May 7th, 2025 at 1.3332729
Smart Scan Analysis for CNYSEK
Based on our trend formula, CNYSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3488661 | 1.3491942 | 1.3385061 | 1.3429938 | -0.0058720 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3488661 | 2025-05-09 07:15:36 |