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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Bull Market Weakness (+75) - NZDSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDSEK as it may be in the beginning stages 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.

FOREX_NZDSEK
Open High Low NZDSEK Price Change
6.08045 6.10420 6.07760 6.08980 +0.00935
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term up The long-term trend has been UP since Aug 11th, 2021 at 6.13380

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2021 at 6.05980

short term up The short-term trend has been UP since Oct 15th, 2021 at 6.10245

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).

+75
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.08045 6.10420 6.07760 6.08980 +0.00935
Prev. Close Volume Bid Ask Time
6.08045 2021-10-15 17:01:30
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