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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Crossroads (+60) - SEKHKD 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 SEKHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKHKD
Open High Low SEKHKD Price Change
0.80286 0.80684 0.80251 0.80527 +0.00241
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Feb 10th, 2020 at 0.802110

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2020 at 0.782055

short term up The short-term trend has been UP since May 26th, 2020 at 0.804425

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.80286 0.80684 0.80251 0.80527 +0.00241
Prev. Close Volume Bid Ask Time
0.80286 0.80512 0.80542 2020-05-26 09:53:46
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