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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Hungarian Forint/Swedish Krona (FOREX:HUFSEK)
Crossroads (+60) - HUFSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HUFSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFSEK.
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 HUFSEK
The long-term trend has been DOWN since Aug 1st, 2023 at 0.02981986
The intermediate-term trend has been UP since Mar 18th, 2024 at 0.02876217
The short-term trend has been UP since Apr 17th, 2024 at 0.02961298
Smart Scan Analysis for HUFSEK
Based on our trend formula, HUFSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02970759 | 0.02973580 | 0.02943093 | 0.02954390 | -0.00016400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02970759 | 2024-04-18 11:51:51 |