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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Sidelines Mode (+55) - SEKHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
34.28455 34.50985 34.11185 34.45425 +0.16970
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term down The long-term trend has been DOWN since Oct 21st, 2022 at 36.65225

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2023 at 35.01325

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 35.17325

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.28455 34.50985 34.11185 34.45425 +0.16970
Prev. Close Volume Bid Ask Time
34.28455 2023-03-27 10:48:57
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