Forex Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
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.
MarketClub’s Trade Triangles for SEKHUF
The long-term trend has been UP since Mar 19th, 2020 at 32.24175
The intermediate-term trend has been DOWN since Jan 19th, 2021 at 35.39995
The short-term trend has been DOWN since Jan 12th, 2021 at 35.64835
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).