Forex Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)
Bull Market Weakness (+75) - HKDSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDSEK
The long-term trend has been UP since Mar 8th, 2021 at 1.1050850
The intermediate-term trend has been UP since Mar 1st, 2021 at 1.0889518
The short-term trend has been UP since Apr 13th, 2021 at 1.1055124
Smart Scan Analysis for HKDSEK
Based on our trend formula, HKDSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).