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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

Swedish Krona/Chinese Yuan Renminbi Offshore (FOREX:SEKCNH)

Bear Market Rally (-75) - SEKCNH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKCNH as it may be in the beginning of a reversal.

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.

FOREX_SEKCNH
Open High Low SEKCNH Price Change
0.7260 0.7260 0.7260 0.7260 0.0000
Entry Signal

MarketClub’s Trade Triangles for SEKCNH

long term down The long-term trend has been DOWN since Feb 13th, 2020 at 0.72500

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2020 at 0.72585

short term up The short-term trend has been UP since Feb 21st, 2020 at 0.72350

Smart Scan Analysis for SEKCNH

Based on our trend formula, SEKCNH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7260 0.7260 0.7260 0.7260 0.0000
Prev. Close Volume Bid Ask Time
0.7260 0.7245 0.7275 2020-02-21 15:28:23
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