Forex Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
Swedish Krona/Hungarian Forint (FOREX:SEKHUF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SEKHUF
The long term trend has been UP since Jun 11th, 2018 at 31.43905
The intermediate term trend has been UP since May 8th, 2018 at 30.14610
The short term trend has been DOWN since Jun 18th, 2018 at 31.50310
Smart Scan Analysis for SEKHUF
Based on a pre-defined weighted trend formula for chart analysis, SEKHUF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).