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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Swedish Krona/Hungarian Forint (FOREX:SEKHUF)

Crossroads (-60) - SEKHUF is struggling to move into a solid trend. Beware of choppy markets 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
33.84890 33.91665 33.68590 33.87185 +0.02295
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 down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 34.75670

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 33.76625

Smart Scan Analysis for SEKHUF

Based on our trend formula, SEKHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.84890 33.91665 33.68590 33.87185 +0.02295
Prev. Close Volume Bid Ask Time
33.84890 2024-04-19 17:02:30
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