Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Swedish Krona/Hungarian Forint (FOREX:SEKHUF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SEKHUF
The long term trend has been UP since Jul 16th, 2019 at 30.97225
The intermediate term trend has been UP since Jan 17th, 2020 at 31.86560
The short term trend has been DOWN since Feb 14th, 2020 at 31.99770
Smart Scan Analysis for SEKHUF
Based on a pre-defined weighted trend formula for chart analysis, SEKHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).