Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)
Countertrend Down (-85) - NZDSEK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NZDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDSEK
The long-term trend has been DOWN since Mar 21st, 2023 at 6.3728
The intermediate-term trend has been DOWN since Mar 21st, 2023 at 6.3728
The short-term trend has been UP since Mar 24th, 2023 at 6.4828
Smart Scan Analysis for NZDSEK
Based on our trend formula, NZDSEK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).