Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

Crossroads (-60) - SEKNOK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_SEKNOK
Open High Low SEKNOK Price Change
0.9512200 0.9589475 0.9503800 0.9586717 +0.0074520
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term up The long-term trend has been UP since May 11th, 2022 at 0.9699748

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 0.9606203

short term down The short-term trend has been DOWN since Jun 26th, 2022 at 0.9695963

Smart Scan Analysis for SEKNOK

Based on our trend formula, SEKNOK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9512200 0.9589475 0.9503800 0.9586717 +0.0074520
Prev. Close Volume Bid Ask Time
0.9512200 2022-07-05 11:17:37
Get a free daily analysis and signals for Swedish Krona/Norwegian Krone (SEKNOK) - Request Your Free Report.