Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)
Bear Market Rally (-75) - NZDSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDSEK as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NZDSEK
The long-term trend has been DOWN since Dec 16th, 2024 at 6.2836
The intermediate-term trend has been UP since Feb 2nd, 2025 at 6.3111
The short-term trend has been DOWN since Feb 4th, 2025 at 6.2067
Smart Scan Analysis for NZDSEK
Based on our trend formula, NZDSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.20645 | 6.21420 | 6.20265 | 6.20625 | -0.00020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.20645 | 2025-02-05 02:50:08 |