Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)
Crossroads (+60) - SEKHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKHKD
The long-term trend has been DOWN since Aug 17th, 2021 at 0.889970
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.903305
The short-term trend has been UP since Oct 13th, 2021 at 0.892450
Smart Scan Analysis for SEKHKD
Based on our trend formula, SEKHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).