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Forex Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

Swedish Krona/Norwegian Krone (FOREX:SEKNOK)

Weak Downtrend (-65) - SEKNOK is showing signs of a strengthening downtrend. Monitor SEKNOK as it may be building momentum to the downside.

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
1.0277000 1.0288599 1.0194295 1.0215862 -0.0061140
Entry Signal

MarketClub’s Trade Triangles for SEKNOK

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 1.0120

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2024 at 1.0238

short term down The short-term trend has been DOWN since Jan 2nd, 2025 at 1.0251

Smart Scan Analysis for SEKNOK

Based on our trend formula, SEKNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0277000 1.0288599 1.0194295 1.0215862 -0.0061140
Prev. Close Volume Bid Ask Time
1.0277000 2025-01-02 22:14:53
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