Forex Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
Hungarian Forint/Swedish Krona (FOREX:HUFSEK)
Strong Downtrend (-100) - HUFSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for HUFSEK
The long-term trend has been DOWN since Jun 25th, 2020 at 0.02958945
The intermediate-term trend has been DOWN since Jun 23rd, 2020 at 0.03004251
The short-term trend has been DOWN since Jul 5th, 2020 at 0.02947986
Smart Scan Analysis for HUFSEK
Based on our trend formula, HUFSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).