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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Long-Term Downtrend (-90) - SEKHKD is in a strong downtrend that is likely to continue. While SEKHKD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.763765 0.765105 0.756215 0.760975 -0.002790
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Nov 16th, 2021 at 0.879875

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.781700

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 0.772375

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.763765 0.765105 0.756215 0.760975 -0.002790
Prev. Close Volume Bid Ask Time
0.763765 2022-07-01 17:10:50
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