Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Swedish Krona/Chinese Yuan Renminbi (FOREX:SEKCNY)

Bull Market Weakness (+75) - SEKCNY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCNY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SEKCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	SEKCNY Price	Change
0.66399462	0.66727331	0.66338141	0.66473731	+0.00074300
Entry Signal

MarketClub’s Trade Triangles for SEKCNY

The long-term trend has been DOWN since Feb 6th, 2023 at 0.63893023

The intermediate-term trend has been UP since Mar 22nd, 2023 at 0.66848443

The short-term trend has been UP since Mar 28th, 2023 at 0.66718585

Smart Scan Analysis for SEKCNY

Based on our trend formula, SEKCNY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.66399462	0.66727331	0.66338141	0.66473731	+0.00074300
Prev. Close	Volume	Bid	Ask	Time
0.66399462				2023-03-28 22:16:34

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