Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Swedish Krona/Chinese Yuan Renminbi (FOREX:SEKCNY)

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

FOREX_SEKCNY
Open High Low SEKCNY Price Change
0.7413634 0.7471016 0.7411790 0.7446949 +0.0033320
Entry Signal

MarketClub’s Trade Triangles for SEKCNY

long term down The long-term trend has been DOWN since Apr 14th, 2025 at 0.63513638

intermediate term up The intermediate-term trend has been UP since Apr 20th, 2025 at 0.76367070

short term down The short-term trend has been DOWN since May 7th, 2025 at 0.74970960

Smart Scan Analysis for SEKCNY

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

-75
Smart Scan Analysis for SEKCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7413634 0.7471016 0.7411790 0.7446949 +0.0033320
Prev. Close Volume Bid Ask Time
0.7413634 2025-05-09 07:37:54
Get a free daily analysis and signals for Swedish Krona/Chinese Yuan Renminbi (SEKCNY) - Request Your Free Report.