Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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.

FOREX_SEKNOK
Open High Low SEKNOK Price Change
1.0008259 1.0023205 0.0000000 1.0017850 +0.0009590
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term up The long-term trend has been UP since Feb 20th, 2023 at 0.9953383

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2023 at 0.9644000

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 1.0086926

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).

+55
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0008259 1.0023205 0.0000000 1.0017850 +0.0009590
Prev. Close Volume Bid Ask Time
1.0008259 2023-03-29 14:52:04
Get a free daily analysis and signals for Swedish Krona/Norwegian Krone (SEKNOK) - Request Your Free Report.