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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Hong Kong Dollar/Swedish Krona (FOREX:HKDSEK)
Sidelines Mode (+55) - HKDSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HKDSEK
The long-term trend has been UP since Nov 1st, 2024 at 1.3794777
The intermediate-term trend has been UP since Feb 2nd, 2025 at 1.4541759
The short-term trend has been DOWN since Feb 4th, 2025 at 1.4135900
Smart Scan Analysis for HKDSEK
Based on our trend formula, HKDSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4268894 | 1.4321959 | 1.4071919 | 1.4087378 | -0.0181520 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4268894 | 2025-02-04 23:54:33 |