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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
31.20115 31.36280 31.17510 31.23970 +0.03855
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 up The intermediate term trend has been UP since Sep 10th, 2018 at 31.21850

short term up The short term trend has been UP since Oct 12th, 2018 at 31.32820

Smart Scan Analysis for SEKHUF

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

+100
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.20115 31.36280 31.17510 31.23970 +0.03855
Prev. Close Volume Bid Ask Time
31.20115 31.22330 31.25610 2018-10-17 16:13:12
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.