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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Long-Term Uptrend (+90) - NZDSEK is in a strong uptrend that is likely to continue. While NZDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
6.10615 6.12100 6.07970 6.10400 -0.00215
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term up The long-term trend has been UP since Nov 23rd, 2020 at 6.0027

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2021 at 5.9739

short term up The short-term trend has been UP since Feb 18th, 2021 at 6.0086

Smart Scan Analysis for NZDSEK

Based on our trend formula, NZDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.10615 6.12100 6.07970 6.10400 -0.00215
Prev. Close Volume Bid Ask Time
6.10615 2021-02-26 17:11:40
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