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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
29.90505 30.02775 29.89140 29.99935 +0.09430
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term down The long term trend has been DOWN since Jan 25th, 2019 at 30.87955

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2019 at 30.96785

short term down The short term trend has been DOWN since Feb 13th, 2019 at 30.32075

Smart Scan Analysis for SEKHUF

Based on a pre-defined weighted trend formula for chart analysis, SEKHUF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.90505 30.02775 29.89140 29.99935 +0.09430
Prev. Close Volume Bid Ask Time
29.90505 29.92230 30.07640 2019-02-22 18:17:01
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.