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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Sidelines Mode (-55) - SEKHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_SEKHKD
Open High Low SEKHKD Price Change
0.768790 0.774315 0.766030 0.769865 +0.001075
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Feb 10th, 2020 at 0.80211

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 0.79144

short term up The short-term trend has been UP since Apr 7th, 2020 at 0.76798

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.768790 0.774315 0.766030 0.769865 +0.001075
Prev. Close Volume Bid Ask Time
0.768790 0.769620 0.770110 2020-04-08 20:49:18
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