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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Strong Downtrend (-100) - SEKHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKHKD continues to fall. Traders should use caution and set stops.

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.

FOREX_SEKHKD
Open High Low SEKHKD Price Change
0.716530 0.720080 0.713890 0.714685 -0.001845
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.73578

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.75189

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.73407

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.716530 0.720080 0.713890 0.714685 -0.001845
Prev. Close Volume Bid Ask Time
0.716530 2024-04-18 13:57:03
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