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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Countertrend Down (-85) - SEKHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.85880 0.86438 0.85676 0.86267 +0.00387
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Nov 16th, 2021 at 0.879875

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 0.897125

short term up The short-term trend has been UP since Dec 7th, 2021 at 0.860240

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
0.85880 0.86438 0.85676 0.86267 +0.00387
Prev. Close Volume Bid Ask Time
0.85880 2021-12-08 18:09:17
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