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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

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
0.744815 0.744955 0.744795 0.744950 +0.000135
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term up The long-term trend has been UP since Nov 15th, 2023 at 0.741310

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 0.719845

short term down The short-term trend has been DOWN since Dec 8th, 2023 at 0.743655

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
0.744815 0.744955 0.744795 0.744950 +0.000135
Prev. Close Volume Bid Ask Time
0.744815 2023-12-11 00:26:13
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