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Forex Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Hungarian Forint/Swedish Krona (FOREX:HUFSEK)
Strong Uptrend (+100) - HUFSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 21st, 2022 at 0.02726874
The intermediate-term trend has been UP since Apr 3rd, 2023 at 0.02988462
The short-term trend has been UP since Jun 5th, 2023 at 0.03151328
Smart Scan Analysis for HUFSEK
Based on our trend formula, HUFSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03125029 | 0.03159488 | 0.03124787 | 0.03152374 | +0.00027300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03125029 | 2023-06-05 16:04:46 |