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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Long-Term Uptrend (+90) - SEKHUF is in a strong uptrend that is likely to continue. While SEKHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
32.57200 32.94170 32.46230 32.84645 +0.27445
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long-term trend has been UP since Aug 1st, 2023 at 33.51655

intermediate term up The intermediate-term trend has been UP since Sep 7th, 2023 at 32.88030

short term up The short-term trend has been UP since Sep 20th, 2023 at 32.32580

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a +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
32.57200 32.94170 32.46230 32.84645 +0.27445
Prev. Close Volume Bid Ask Time
32.57200 2023-09-22 17:07:20
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