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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
31.48080 31.55175 31.36365 31.40235 -0.07845
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term down The long term trend has been DOWN since Nov 14th, 2017 at 31.54300

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 31.30975

short term down The short term trend has been DOWN since Jan 23rd, 2018 at 31.37765

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
31.48080 31.55175 31.36365 31.40235 -0.07845
Prev. Close Volume Bid Ask Time
31.48080 31.35900 31.44570 2018-01-23 18:35:09
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.