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Forex Trend Analysis Report

Prepared for you on Thursday, December 1, 2022.

Swedish Krona/Chinese Yuan Renminbi Offshore (FOREX:SEKCNH)

Bull Market Weakness (+75) - SEKCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCNH as it may be in the beginning stages of a reversal.

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.

FOREX_SEKCNH
Open High Low SEKCNH Price Change
0.6924 0.6924 0.6860 0.6860 -0.0064
Entry Signal

MarketClub’s Trade Triangles for SEKCNH

long term up The long-term trend has been UP since Nov 8th, 2022 at 0.67090

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2022 at 0.64125

short term up The short-term trend has been UP since Nov 25th, 2022 at 0.67450

Smart Scan Analysis for SEKCNH

Based on our trend formula, SEKCNH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SEKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6924 0.6924 0.6860 0.6860 -0.0064
Prev. Close Volume Bid Ask Time
0.6924 2022-11-29 15:03:52
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