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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)
Strong Downtrend (-100) - SEKNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKNZD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SEKNZD
The long-term trend has been DOWN since Nov 6th, 2024 at 0.1543615
The intermediate-term trend has been DOWN since Sep 29th, 2024 at 0.1558120
The short-term trend has been DOWN since Nov 19th, 2024 at 0.1549250
Smart Scan Analysis for SEKNZD
Based on our trend formula, SEKNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1548985 | 0.1551660 | 0.1548645 | 0.1550270 | +0.0001290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1548985 | 2024-11-20 03:32:09 |