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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Swedish Krona/Chinese Yuan Renminbi (FOREX:SEKCNY)
Strong Downtrend (-100) - SEKCNY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKCNY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCNY
The long-term trend has been DOWN since Oct 31st, 2024 at 0.66486749
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.68330030
The short-term trend has been DOWN since Nov 20th, 2024 at 0.65781558
Smart Scan Analysis for SEKCNY
Based on our trend formula, SEKCNY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65774226 | 0.65822681 | 0.65225238 | 0.65497156 | -0.00277100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65774226 | 2024-11-21 13:24:26 |