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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Swedish Krona/Norwegian Krone (FOREX:SEKNOK)
Bear Market Rally (-75) - SEKNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKNOK as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for SEKNOK
The long-term trend has been DOWN since Feb 2nd, 2024 at 0.9929755
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 1.0048586
The short-term trend has been UP since Apr 18th, 2024 at 1.0080000
Smart Scan Analysis for SEKNOK
Based on our trend formula, SEKNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0059000 | 1.0067462 | 1.0054775 | 1.0063800 | +0.0004800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0059000 | 2024-04-19 01:06:08 |