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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/Indian Rupee (FOREX:SEKINR)
Long-Term Downtrend (-90) - SEKINR is in a strong downtrend that is likely to continue. While SEKINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKINR.
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 SEKINR
The long-term trend has been DOWN since Mar 28th, 2024 at 7.812427
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 7.968527
The short-term trend has been DOWN since May 7th, 2024 at 7.671758
Smart Scan Analysis for SEKINR
Based on our trend formula, SEKINR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.653335 | 7.655951 | 7.637966 | 7.648784 | -0.004551 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.653335 | 2024-05-09 03:18:16 |