Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Swedish Krona/Chinese Yuan Renminbi Offshore (FOREX:SEKCNH)
Long-Term Downtrend (-90) - SEKCNH is in a strong downtrend that is likely to continue. While SEKCNH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCNH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SEKCNH
The long-term trend has been DOWN since Oct 31st, 2024 at 0.66507747
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.68446600
The short-term trend has been DOWN since Nov 20th, 2024 at 0.65828258
Smart Scan Analysis for SEKCNH
Based on our trend formula, SEKCNH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65528146 | 0.65707220 | 0.65190410 | 0.65567244 | +0.00039100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65528146 | 2024-11-22 11:54:51 |