Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)
Countertrend Up (+85) - SEKHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 13th, 2022 at 0.759295
The intermediate-term trend has been UP since Mar 20th, 2023 at 0.756735
The short-term trend has been DOWN since Mar 24th, 2023 at 0.753405
Smart Scan Analysis for SEKHKD
Based on our trend formula, SEKHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).