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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low HKDSEK Price Change
1.04945 1.05525 1.04860 1.05220 +0.00275
Entry Signal

MarketClub’s Trade Triangles for HKDSEK

long term down The long term trend has been DOWN since Jan 12th, 2018 at 1.02805

intermediate term up The intermediate term trend has been UP since Feb 7th, 2018 at 1.03205

short term up The short term trend has been UP since Mar 21st, 2018 at 1.04880

Smart Scan Analysis for HKDSEK

Based on a pre-defined weighted trend formula for chart analysis, HKDSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HKDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.04945 1.05525 1.04860 1.05220 +0.00275
Prev. Close Volume Bid Ask Time
1.04945 1.05210 1.05230 2018-03-23 10:42:53
Want to analyze Hong Kong Dollar/Swedish Krona HKDSEK or another symbol? Try our Free Forex Trend Analysis Report.