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Forex Trend Analysis Report

Prepared for you on Wednesday, August 21, 2019.

Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_HKDSEK
Open High Low HKDSEK Price Change
1.23465 1.23580 1.23365 1.23385 -0.00080
Entry Signal

MarketClub’s Trade Triangles for HKDSEK

long term up The long term trend has been UP since Feb 6th, 2019 at 1.17190

intermediate term up The intermediate term trend has been UP since Jul 26th, 2019 at 1.21637

short term up The short term trend has been UP since Aug 15th, 2019 at 1.22960

Smart Scan Analysis for HKDSEK

Based on a pre-defined weighted trend formula for chart analysis, HKDSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for HKDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.23465 1.23580 1.23365 1.23385 -0.00080
Prev. Close Volume Bid Ask Time
1.23465 1.23360 1.23410 2019-08-21 05:07:08
Want to analyze Hong Kong Dollar/Swedish Krona HKDSEK or another symbol? Try our Free Forex Trend Analysis Report.