Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
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 Aug 1st, 2023 at 33.51655
The intermediate-term trend has been UP since Nov 15th, 2023 at 32.89920
The short-term trend has been UP since Nov 30th, 2023 at 33.34650
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).