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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

New Zealand Dollar/Swedish Krona (FOREX:NZDSEK)

Crossroads (+60) - NZDSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_NZDSEK
Open High Low NZDSEK Price Change
6.44330 6.45930 6.42995 6.44015 -0.00315
Entry Signal

MarketClub’s Trade Triangles for NZDSEK

long term down The long-term trend has been DOWN since Nov 13th, 2023 at 6.3861

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2023 at 6.5337

short term up The short-term trend has been UP since Nov 21st, 2023 at 6.3372

Smart Scan Analysis for NZDSEK

Based on our trend formula, NZDSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NZDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.44330 6.45930 6.42995 6.44015 -0.00315
Prev. Close Volume Bid Ask Time
6.44330 2023-12-04 14:42:36
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