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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Swedish Krona/Chinese Yuan Renminbi (FOREX:SEKCNY)
Long-Term Uptrend (+90) - SEKCNY is in a strong uptrend that is likely to continue. While SEKCNY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Feb 11th, 2025 at 0.67191190
The intermediate-term trend has been UP since Feb 5th, 2025 at 0.66677408
The short-term trend has been UP since Mar 3rd, 2025 at 0.68225970
Smart Scan Analysis for SEKCNY
Based on our trend formula, SEKCNY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7236763 | 0.7237561 | 0.7233843 | 0.7236590 | -0.0000170 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7236763 | 2025-03-12 00:25:55 |