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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)

Bull Market Weakness (+75) - HKDSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDSEK as it may be in the beginning stages of a reversal.

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
1.3933806 1.3951350 1.3862285 1.3867863 -0.0065940
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 Mar 18th, 2024 at 1.3299800

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 1.3884428

Smart Scan Analysis for HKDSEK

Based on our trend formula, HKDSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3933806 1.3951350 1.3862285 1.3867863 -0.0065940
Prev. Close Volume Bid Ask Time
1.3933806 2024-04-22 21:26:22
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