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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)

Strong Uptrend (+100) - HKDSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_HKDSEK
Open High Low HKDSEK Price Change
1.3859870 1.3869320 1.3673677 1.3861950 +0.0002080
Entry Signal

MarketClub’s Trade Triangles for HKDSEK

long term up The long-term trend has been UP since Mar 28th, 2024 at 1.3708127

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2024 at 1.3668054

short term up The short-term trend has been UP since Jul 19th, 2024 at 1.3632411

Smart Scan Analysis for HKDSEK

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

+100
Smart Scan Analysis for HKDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3859870 1.3869320 1.3673677 1.3861950 +0.0002080
Prev. Close Volume Bid Ask Time
1.3859870 2024-07-26 16:59:57
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