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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Swedish Krona/Chinese Yuan Renminbi Offshore (FOREX:SEKCNH)
Sidelines Mode (+55) - SEKCNH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCNH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCNH
The long-term trend has been UP since Feb 12th, 2025 at 0.67412400
The intermediate-term trend has been UP since Feb 4th, 2025 at 0.66436802
The short-term trend has been DOWN since May 8th, 2025 at 0.74409770
Smart Scan Analysis for SEKCNH
Based on our trend formula, SEKCNH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7436499 | 0.7492963 | 0.7436499 | 0.7458278 | +0.0021780 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7436499 | 2025-05-09 07:13:53 |