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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 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.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
31.33990 31.49490 31.32350 31.47935 +0.13945
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 down The short term trend has been DOWN since Dec 7th, 2018 at 31.50935

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).

+85
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.33990 31.49490 31.32350 31.47935 +0.13945
Prev. Close Volume Bid Ask Time
31.33990 31.44110 31.51760 2018-12-11 21:44:42
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.