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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)

Long-Term Uptrend (+90) - HKDSEK is in a strong uptrend that is likely to continue. While HKDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_HKDSEK
Open High Low HKDSEK Price Change
1.4039603 1.4063065 1.3969274 1.3975436 -0.0064170
Entry Signal

MarketClub’s Trade Triangles for HKDSEK

long term up The long-term trend has been UP since Mar 28th, 2024 at 1.3708127

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 1.3299800

short term up The short-term trend has been UP since Apr 10th, 2024 at 1.3622727

Smart Scan Analysis for HKDSEK

Based on our trend formula, HKDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4039603 1.4063065 1.3969274 1.3975436 -0.0064170
Prev. Close Volume Bid Ask Time
1.4039603 2024-04-19 08:20:49
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