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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2024.

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

Strong Uptrend (+100) - SEKCNH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKCNH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.6942457 0.6952854 0.6927779 0.6949930 +0.0007470
Entry Signal

MarketClub’s Trade Triangles for SEKCNH

long term up The long-term trend has been UP since Jun 12th, 2024 at 0.7035000

intermediate term up The intermediate-term trend has been UP since Aug 20th, 2024 at 0.6948494

short term up The short-term trend has been UP since Sep 12th, 2024 at 0.6896179

Smart Scan Analysis for SEKCNH

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

+100
Smart Scan Analysis for SEKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6942457 0.6952854 0.6927779 0.6949930 +0.0007470
Prev. Close Volume Bid Ask Time
0.6942457 2024-09-15 21:41:27
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