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.
MarketClub’s Trade Triangles for SEKHKD
The long-term trend has been DOWN since Feb 10th, 2020 at 0.802110
The intermediate-term trend has been UP since Apr 28th, 2020 at 0.782055
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).