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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hungarian Forint/Swedish Krona (FOREX:HUFSEK)
Long-Term Uptrend (+90) - HUFSEK is in a strong uptrend that is likely to continue. While HUFSEK 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 HUFSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFSEK.
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 HUFSEK
The long-term trend has been UP since Apr 30th, 2024 at 0.02999785
The intermediate-term trend has been UP since Jul 8th, 2024 at 0.02900441
The short-term trend has been UP since Jul 26th, 2024 at 0.03002856
Smart Scan Analysis for HUFSEK
Based on our trend formula, HUFSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02994124 | 0.03008850 | 0.02987597 | 0.03001949 | +0.00007800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02994124 | 2024-07-26 17:02:59 |