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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)

Long-Term Uptrend (+90) - HKDSEK is in a strong uptrend that is likely to continue. While HKDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1.4292372 1.4329150 1.4194250 1.4209257 -0.0083120
Entry Signal

MarketClub’s Trade Triangles for HKDSEK

long term up The long-term trend has been UP since May 25th, 2023 at 1.3741242

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2023 at 1.3578011

short term up The short-term trend has been UP since Sep 21st, 2023 at 1.4385127

Smart Scan Analysis for HKDSEK

Based on our trend formula, HKDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4292372 1.4329150 1.4194250 1.4209257 -0.0083120
Prev. Close Volume Bid Ask Time
1.4292372 2023-09-22 11:11:44
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