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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)

Strong Downtrend (-100) - SEKNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKNZD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKNZD
Open High Low SEKNZD Price Change
0.154827 0.154964 0.154402 0.154520 -0.000307
Entry Signal

MarketClub’s Trade Triangles for SEKNZD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.1551110

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.1573650

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.1547825

Smart Scan Analysis for SEKNZD

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

-100
Smart Scan Analysis for SEKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.154827 0.154964 0.154402 0.154520 -0.000307
Prev. Close Volume Bid Ask Time
0.154827 2024-04-25 08:29:55
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