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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2025.

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

Crossroads (-60) - SEKCNH 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 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
0.65826246 0.65921320 0.65697256 0.65781818 -0.00044400
Entry Signal

MarketClub’s Trade Triangles for SEKCNH

long term down The long-term trend has been DOWN since Oct 31st, 2024 at 0.66507747

intermediate term up The intermediate-term trend has been UP since Dec 25th, 2024 at 0.67038201

short term up The short-term trend has been UP since Jan 15th, 2025 at 0.65828233

Smart Scan Analysis for SEKCNH

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

-60
Smart Scan Analysis for SEKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65826246 0.65921320 0.65697256 0.65781818 -0.00044400
Prev. Close Volume Bid Ask Time
0.65826246 2025-01-17 08:38:46
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