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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Strong Uptrend (+100) - NZDSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
6.45585 6.45850 6.44475 6.45015 -0.00570
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term up The long-term trend has been UP since Nov 6th, 2024 at 6.47850

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2024 at 6.41795

short term up The short-term trend has been UP since Nov 19th, 2024 at 6.45475

Smart Scan Analysis for NZDSEK

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

+100
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.45585 6.45850 6.44475 6.45015 -0.00570
Prev. Close Volume Bid Ask Time
6.45585 2024-11-20 03:27:27
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