Forex Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)
Weak Uptrend (+65) - NZDSEK is showing signs of weakening momentum to the upside. Monitor NZDSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDSEK
The long-term trend has been UP since Aug 11th, 2021 at 6.1338
The intermediate-term trend has been UP since Oct 17th, 2021 at 6.1153
The short-term trend has been DOWN since Nov 23rd, 2021 at 6.2357
Smart Scan Analysis for NZDSEK
Based on our trend formula, NZDSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).