Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
30.37595 30.46765 30.33195 30.34235 -0.03360
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 Apr 25th, 2019 at 30.48125

short term up The short term trend has been UP since May 14th, 2019 at 29.98605

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
30.37595 30.46765 30.33195 30.34235 -0.03360
Prev. Close Volume Bid Ask Time
30.37595 30.29450 30.39020 2019-05-23 19:21:31
Want to analyze Swedish Krona/Hungarian Forint SEKHUF or another symbol? Try our Free Forex Trend Analysis Report.