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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi/Swedish Krona (FOREX:CNYSEK)
Long-Term Downtrend (-90) - CNYSEK is in a strong downtrend that is likely to continue. While CNYSEK 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 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 Mar 25th, 2025 at 1.3867995
Smart Scan Analysis for CNYSEK
Based on our trend formula, CNYSEK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3764322 | 1.3855437 | 1.3742500 | 1.3836705 | +0.0072380 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3764322 | 2025-03-31 17:00:05 |