Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
35.28420 35.38310 35.23335 35.35610 +0.07190
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long-term trend has been UP since Oct 2nd, 2024 at 35.2855

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2024 at 35.3960

short term up The short-term trend has been UP since Nov 18th, 2024 at 35.3137

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).

+100
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.28420 35.38310 35.23335 35.35610 +0.07190
Prev. Close Volume Bid Ask Time
35.28420 2024-11-20 03:47:32
Get a free daily analysis and signals for Swedish Krona/Hungarian Forint (SEKHUF) - Request Your Free Report.