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Forex Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
Swedish Krona/New Zealand Dollar (FOREX:SEKNZD)
Crossroads (+60) - SEKNZD 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 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.
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MarketClub’s Trade Triangles for SEKNZD
The long-term trend has been DOWN since Nov 6th, 2024 at 0.1543615
The intermediate-term trend has been UP since Dec 4th, 2024 at 0.1562635
The short-term trend has been UP since Dec 4th, 2024 at 0.1553745
Smart Scan Analysis for SEKNZD
Based on our trend formula, SEKNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1560440 | 0.1561415 | 0.1558485 | 0.1558675 | -0.0001760 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1560440 | 2024-12-05 04:30:38 |