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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_INRSEK
Open High Low INRSEK Price Change
0.121785 0.121915 0.120555 0.121040 -0.000745
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term down The long term trend has been DOWN since Jul 5th, 2018 at 0.126770

intermediate term down The intermediate term trend has been DOWN since Aug 30th, 2018 at 0.129295

short term down The short term trend has been DOWN since Sep 17th, 2018 at 0.124055

Smart Scan Analysis for INRSEK

Based on a pre-defined weighted trend formula for chart analysis, INRSEK scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.121785 0.121915 0.120555 0.121040 -0.000745
Prev. Close Volume Bid Ask Time
0.121785 0.121010 0.121070 2018-09-24 21:11:59
Want to analyze Indian Rupee/Swedish Krona INRSEK or another symbol? Try our Free Forex Trend Analysis Report.