Forex Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)
Bull Market Weakness (+75) - SEKNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKNZD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SEKNZD
The long-term trend has been UP since May 20th, 2021 at 0.1676405
The intermediate-term trend has been UP since May 12th, 2021 at 0.1662035
The short-term trend has been UP since Jun 21st, 2021 at 0.1677130
Smart Scan Analysis for SEKNZD
Based on our trend formula, SEKNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).