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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swedish Krona/Hong Kong Dollar (FOREX:SEKHKD)

Bear Market Rally (-75) - SEKHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKHKD as it may be in the beginning of a reversal.

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
0.719735 0.722225 0.719735 0.721655 +0.001920
Entry Signal

MarketClub’s Trade Triangles for SEKHKD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.73578

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.75189

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.72008

Smart Scan Analysis for SEKHKD

Based on our trend formula, SEKHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.719735 0.722225 0.719735 0.721655 +0.001920
Prev. Close Volume Bid Ask Time
0.719735 2024-04-25 04:53:44
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