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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.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
32.20385 32.22290 31.83520 31.85255 -0.35130
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long term trend has been UP since Jul 16th, 2019 at 30.97225

intermediate term up The intermediate term trend has been UP since Jan 17th, 2020 at 31.86560

short term down 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).

+55
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.20385 32.22290 31.83520 31.85255 -0.35130
Prev. Close Volume Bid Ask Time
32.20385 31.80130 31.90380 2020-02-14 17:01:52
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