Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Swedish Krona/Hungarian Forint (FOREX:SEKHUF)
Countertrend Up (+85) - SEKHUF 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 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.
MarketClub’s Trade Triangles for SEKHUF
The long-term trend has been UP since Mar 19th, 2020 at 32.24175
The intermediate-term trend has been UP since Feb 15th, 2021 at 35.70315
The short-term trend has been DOWN since Feb 26th, 2021 at 35.53025
Smart Scan Analysis for SEKHUF
Based on our trend formula, SEKHUF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).