Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

Countertrend Down (-85) - SEKNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

Open	High	Low	SEKNOK Price	Change
0.9784900	0.9808739	0.9675049	0.9714116	-0.0070780
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

The long-term trend has been DOWN since Sep 22nd, 2021 at 0.9960221

The intermediate-term trend has been DOWN since Aug 25th, 2021 at 1.0134000

The short-term trend has been UP since Oct 18th, 2021 at 0.9802009

Smart Scan Analysis for SEKNOK

Based on our trend formula, SEKNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.9784900	0.9808739	0.9675049	0.9714116	-0.0070780
Prev. Close	Volume	Bid	Ask	Time
0.9784900				2021-10-18 21:57:49

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