Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)

Sidelines Mode (-55) - SEKNZD 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 SEKNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	SEKNZD Price	Change
0.1676570	0.1679795	0.1676540	0.1679495	+0.0002930
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

The long-term trend has been DOWN since Nov 23rd, 2020 at 0.166588

The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 0.168830

The short-term trend has been UP since Dec 4th, 2020 at 0.167819

Smart Scan Analysis for SEKNZD

Based on our trend formula, SEKNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.1676570	0.1679795	0.1676540	0.1679495	+0.0002930
Prev. Close	Volume	Bid	Ask	Time
0.1676570				2020-12-04 03:11:01

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