Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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
1.3193685 1.3272191 1.3166673 1.3185064 -0.0008620
Entry Signal

MarketClub’s Trade Triangles for HKDSEK

long term up The long-term trend has been UP since Nov 16th, 2021 at 1.1365551

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2022 at 1.3200492

short term up The short-term trend has been UP since Aug 12th, 2022 at 1.2980924

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
1.3193685 1.3272191 1.3166673 1.3185064 -0.0008620
Prev. Close Volume Bid Ask Time
1.3193685 2022-08-16 21:09:41
Get a free daily analysis and signals for Hong Kong Dollar/Swedish Krona (HKDSEK) - Request Your Free Report.