Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Hungarian Forint/Swedish Krona (FOREX:HUFSEK)
Weak Downtrend (-65) - HUFSEK is showing signs of a strengthening downtrend. Monitor HUFSEK as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for HUFSEK
The long-term trend has been DOWN since Jun 25th, 2020 at 0.02958945
The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.02799020
The short-term trend has been DOWN since Feb 25th, 2021 at 0.02788808
Smart Scan Analysis for HUFSEK
Based on our trend formula, HUFSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).