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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2024.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Countertrend Up (+85) - SEKHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.76742 0.76859 0.76168 0.76567 -0.00175
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term up The long-term trend has been UP since Aug 20th, 2024 at 0.759335

intermediate term up The intermediate-term trend has been UP since Aug 7th, 2024 at 0.743180

short term down The short-term trend has been DOWN since Sep 18th, 2024 at 0.761220

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.76742 0.76859 0.76168 0.76567 -0.00175
Prev. Close Volume Bid Ask Time
0.76742 2024-09-20 14:04:47
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