Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for HKDSEK
The long term trend has been UP since Apr 2nd, 2018 at 1.06830
The intermediate term trend has been DOWN since Jun 12th, 2018 at 1.10060
The short term trend has been UP since Jun 15th, 2018 at 1.11515
Smart Scan Analysis for HKDSEK
Based on a pre-defined weighted trend formula for chart analysis, HKDSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).