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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Swedish Krona (FOREX:HUFSEK)
Strong Downtrend (-100) - HUFSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFSEK continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 2nd, 2024 at 0.02830841
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.02825344
The short-term trend has been DOWN since Nov 18th, 2024 at 0.02831501
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 |
|---|---|---|---|---|
| 0.02833454 | 0.02838250 | 0.02826204 | 0.02828255 | -0.00005200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02833454 | 2024-11-20 03:31:14 |