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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/Swedish Krona (FOREX:CNYSEK)

Weak Uptrend (+65) - CNYSEK is showing signs of weakening momentum to the upside. Monitor CNYSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNYSEK?

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

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

FOREX_CNYSEK
Open High Low CNYSEK Price Change
1.3488661 1.3491942 1.3403572 1.3445715 -0.0042950
Entry Signal

MarketClub’s Trade Triangles for CNYSEK

long term up The long-term trend has been UP since Apr 14th, 2025 at 1.5744650

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2025 at 1.3094973

short term up The short-term trend has been UP since May 7th, 2025 at 1.3332729

Smart Scan Analysis for CNYSEK

Based on our trend formula, CNYSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3488661 1.3491942 1.3403572 1.3445715 -0.0042950
Prev. Close Volume Bid Ask Time
1.3488661 2025-05-09 03:37:01
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