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Forex Trend Analysis Report

Prepared for you on Tuesday, September 28, 2021.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Sidelines Mode (-55) - SEKHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SEKHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
35.15910 35.30105 35.12770 35.25350 +0.09440
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term down The long-term trend has been DOWN since Apr 12th, 2021 at 34.94565

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2021 at 34.50420

short term down The short-term trend has been DOWN since Sep 28th, 2021 at 35.13045

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.15910 35.30105 35.12770 35.25350 +0.09440
Prev. Close Volume Bid Ask Time
35.15910 2021-09-28 19:06:22
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