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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Weak Downtrend (-65) - SEKHKD is showing signs of a strengthening downtrend. Monitor SEKHKD as it may be building momentum to the downside.

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

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

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

FOREX_SEKHKD
Open High Low SEKHKD Price Change
0.716545 0.720830 0.714490 0.719175 +0.002630
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.73578

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.75189

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.71901

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.716545 0.720830 0.714490 0.719175 +0.002630
Prev. Close Volume Bid Ask Time
0.716545 2024-05-09 12:30:02
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