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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Weak Downtrend (-65) - SEKHUF is showing signs of a strengthening downtrend. Monitor SEKHUF as it may be building momentum to the downside.

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

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

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

FOREX_SEKHUF
Open High Low SEKHUF Price Change
34.34990 34.37225 34.21925 34.28180 -0.06810
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long-term trend has been UP since Aug 1st, 2023 at 33.51655

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 34.75670

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 35.19210

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.34990 34.37225 34.21925 34.28180 -0.06810
Prev. Close Volume Bid Ask Time
34.34990 2024-03-28 09:45:19
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