Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Swedish Krona/Hungarian Forint (FOREX:SEKHUF)
Strong Uptrend (+100) - SEKHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SEKHUF
The long-term trend has been UP since Oct 8th, 2021 at 35.57965
The intermediate-term trend has been UP since Sep 14th, 2021 at 34.50420
The short-term trend has been UP since Oct 13th, 2021 at 35.75630
Smart Scan Analysis for SEKHUF
Based on our trend formula, SEKHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).