Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Swedish Krona/Norwegian Krone (FOREX:SEKNOK)
Sidelines Mode (+55) - SEKNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SEKNOK
The long-term trend has been UP since Feb 21st, 2025 at 1.0478000
The intermediate-term trend has been UP since Apr 4th, 2025 at 1.0774995
The short-term trend has been DOWN since May 7th, 2025 at 1.0703218
Smart Scan Analysis for SEKNOK
Based on our trend formula, SEKNOK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0705158 | 1.0779028 | 1.0693072 | 1.0700922 | -0.0004240 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0705158 | 2025-05-09 07:29:32 |