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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indian Rupee/Swedish Krona (FOREX:INRSEK)
Sidelines Mode (-55) - INRSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid INRSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for INRSEK
The long-term trend has been UP since Apr 1st, 2024 at 0.12903052
The intermediate-term trend has been DOWN since May 6th, 2024 at 0.12882818
The short-term trend has been UP since May 7th, 2024 at 0.13035670
Smart Scan Analysis for INRSEK
Based on our trend formula, INRSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13068040 | 0.13100146 | 0.13036177 | 0.13044300 | -0.00023700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13068040 | 2024-05-09 08:43:33 |