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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.
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MarketClub’s Trade Triangles for HKDSEK
The long-term trend has been UP since Nov 16th, 2021 at 1.1365551
The intermediate-term trend has been UP since Aug 15th, 2022 at 1.3200492
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).
| 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 |