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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/Hungarian Forint (FOREX:SEKHUF)
Strong Downtrend (-100) - SEKHUF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKHUF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKHUF.
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 SEKHUF
The long-term trend has been DOWN since Apr 30th, 2024 at 33.33035
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 34.75670
The short-term trend has been DOWN since May 7th, 2024 at 33.32165
Smart Scan Analysis for SEKHUF
Based on our trend formula, SEKHUF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.15290 | 33.17940 | 33.10820 | 33.11755 | -0.03535 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.15290 | 2024-05-09 03:07:15 |