Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
Indian Rupee/Swedish Krona (FOREX:INRSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for INRSEK
The long term trend has been UP since Nov 1st, 2017 at 0.129525
The intermediate term trend has been DOWN since Dec 27th, 2017 at 0.128950
The short term trend has been UP since Jan 21st, 2018 at 0.126230
Smart Scan Analysis for INRSEK
Based on a pre-defined weighted trend formula for chart analysis, INRSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).