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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Bull Market Weakness (+75) - SEKHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKHUF as it may be in the beginning stages of a reversal.

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
35.29370 35.42670 35.16815 35.39460 +0.10090
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term down The long-term trend has been DOWN since Apr 30th, 2024 at 33.33035

intermediate term up The intermediate-term trend has been UP since May 28th, 2024 at 33.53825

short term up The short-term trend has been UP since Jun 10th, 2024 at 34.73660

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.29370 35.42670 35.16815 35.39460 +0.10090
Prev. Close Volume Bid Ask Time
35.29370 2024-06-14 16:59:41
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