Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SEKHKD
The long-term trend has been DOWN since Nov 1st, 2024 at 0.724950
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.748845
The short-term trend has been UP since Dec 5th, 2024 at 0.714025
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.716375 | 0.718395 | 0.709690 | 0.711380 | -0.004995 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.716375 | 2024-12-06 17:05:49 |