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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
30.97340 31.01315 30.78355 30.82475 -0.14865
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long term trend has been UP since Jun 11th, 2018 at 31.43905

intermediate term down The intermediate term trend has been DOWN since Jul 13th, 2018 at 31.13670

short term down The short term trend has been DOWN since Aug 16th, 2018 at 31.00260

Smart Scan Analysis for SEKHUF

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

-60
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.97340 31.01315 30.78355 30.82475 -0.14865
Prev. Close Volume Bid Ask Time
30.97340 30.77320 30.87630 2018-08-17 18:30:00
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.