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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)

Bear Market Rally (-75) - SEKNZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKNZD as it may be in the beginning of a reversal.

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.

FOREX_SEKNZD
Open High Low SEKNZD Price Change
0.1557575 0.1559115 0.1549275 0.1551250 -0.0006320
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.155111

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.157365

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.155885

Smart Scan Analysis for SEKNZD

Based on our trend formula, SEKNZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1557575 0.1559115 0.1549275 0.1551250 -0.0006320
Prev. Close Volume Bid Ask Time
0.1557575 2024-04-16 16:42:47
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