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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.

FOREX_SEKHUF
Open High Low SEKHUF Price Change
35.35925 35.39010 35.19015 35.25515 -0.10410
Entry Signal

MarketClub’s Trade Triangles for SEKHUF

long term up The long-term trend has been UP since Mar 19th, 2020 at 32.24175

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2021 at 35.39995

short term down 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).

-60
Smart Scan Analysis for SEKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.35925 35.39010 35.19015 35.25515 -0.10410
Prev. Close Volume Bid Ask Time
35.35925 2021-01-20 08:38:02
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