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Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
30.67965 30.72600 30.55500 30.59350 -0.08615
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long term trend has been UP since Jul 16th, 2019 at 30.97225

intermediate term down The intermediate term trend has been DOWN since Jul 31st, 2019 at 30.56475

short term up The short term trend has been UP since Aug 15th, 2019 at 30.38500

Smart Scan Analysis for SEKHUF

Based on a pre-defined weighted trend formula for chart analysis, SEKHUF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.67965 30.72600 30.55500 30.59350 -0.08615
Prev. Close Volume Bid Ask Time
30.67965 30.57840 30.60860 2019-08-22 12:06:08
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.