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.

Open	High	Low	SEKHKD Price	Change
0.906540	0.906630	0.903415	0.904765	-0.001775
Entry Signal

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).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.906540	0.906630	0.903415	0.904765	-0.001775
Prev. Close	Volume	Bid	Ask	Time
0.906540				2021-10-21 07:06:35

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