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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Sidelines Mode (-55) - NZDSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_NZDSEK
Open High Low NZDSEK Price Change
6.39715 6.40725 6.38015 6.39200 -0.00515
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term down The long-term trend has been DOWN since Jun 12th, 2022 at 6.28290

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2022 at 6.43675

short term down The short-term trend has been DOWN since Jun 20th, 2022 at 6.39820

Smart Scan Analysis for NZDSEK

Based on our trend formula, NZDSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.39715 6.40725 6.38015 6.39200 -0.00515
Prev. Close Volume Bid Ask Time
6.39715 2022-06-24 17:03:21
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