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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

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
0.1644615 0.1645295 0.1638355 0.1641965 -0.0002650
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 0.163059

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2021 at 0.164977

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 0.163869

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
0.1644615 0.1645295 0.1638355 0.1641965 -0.0002650
Prev. Close Volume Bid Ask Time
0.1644615 2021-10-15 16:39:27
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