Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
33.0779 33.2346 32.9756 32.9901 -0.0878
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long-term trend has been UP since Mar 19th, 2020 at 32.24175

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2020 at 32.11215

short term down The short-term trend has been DOWN since May 26th, 2020 at 32.98965

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
33.0779 33.2346 32.9756 32.9901 -0.0878
Prev. Close Volume Bid Ask Time
33.0779 32.9741 33.0061 2020-06-02 05:43:00
Get a free daily analysis and signals for Swedish Krona/Hungarian Forint (SEKHUF) - Request Your Free Report.