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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swedish Krona/Hungarian Forint (FOREX:SEKHUF)
Long-Term Downtrend (-90) - SEKHUF is in a strong downtrend that is likely to continue. While SEKHUF 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 SEKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKHUF.
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 SEKHUF
The long-term trend has been DOWN since Apr 30th, 2024 at 33.33035
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 34.50220
The short-term trend has been DOWN since Jul 26th, 2024 at 33.31060
Smart Scan Analysis for SEKHUF
Based on our trend formula, SEKHUF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.39965 | 33.46825 | 33.24205 | 33.32630 | -0.07335 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.39965 | 2024-07-26 16:59:56 |