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Forex Trend Analysis Report

Prepared for you on Saturday, March 2, 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
0.755125 0.759445 0.754060 0.758475 +0.003350
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term up The long-term trend has been UP since Nov 15th, 2023 at 0.74131

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2024 at 0.75794

short term down The short-term trend has been DOWN since Feb 28th, 2024 at 0.75699

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
0.755125 0.759445 0.754060 0.758475 +0.003350
Prev. Close Volume Bid Ask Time
0.755125 2024-03-01 16:59:47
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