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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 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 ?

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
0.1601180 0.1603280 0.1597560 0.1602675 +0.0001490
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term down The long-term trend has been DOWN since Dec 26th, 2019 at 0.1591050

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2020 at 0.1600490

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 0.1612655

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
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1601180 0.1603280 0.1597560 0.1602675 +0.0001490
Prev. Close Volume Bid Ask Time
0.1601180 0.1601920 0.1603430 2020-02-17 16:51:21
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