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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Strong Downtrend (-100) - NZDSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDSEK continues to fall. Traders should use caution 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
6.36890 6.38415 6.34320 6.36740 -0.00150
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term down The long-term trend has been DOWN since Jul 21st, 2024 at 6.3616

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 6.3875

short term down The short-term trend has been DOWN since Jul 9th, 2024 at 6.4089

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
6.36890 6.38415 6.34320 6.36740 -0.00150
Prev. Close Volume Bid Ask Time
6.36890 2024-07-26 17:04:33
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