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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.

FOREX_NZDSEK
Open High Low NZDSEK Price Change
6.44930 6.48945 6.43405 6.46545 +0.01615
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term down The long-term trend has been DOWN since Mar 21st, 2023 at 6.3728

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2023 at 6.3728

short term up 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).

-85
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.44930 6.48945 6.43405 6.46545 +0.01615
Prev. Close Volume Bid Ask Time
6.44930 2023-03-24 15:31:04
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