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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Countertrend Up (+85) - SEKHUF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
35.61635 35.84145 35.50495 35.80820 +0.19185
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 Feb 15th, 2021 at 35.70315

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 35.53025

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.61635 35.84145 35.50495 35.80820 +0.19185
Prev. Close Volume Bid Ask Time
35.61635 2021-03-01 12:14:39
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