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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)
Countertrend Down (-85) - SEKHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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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 Nov 18th, 2024 at 0.711955
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.712295 | 0.712830 | 0.710180 | 0.710230 | -0.002065 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.712295 | 2024-11-20 03:49:01 |