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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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
0.127805 0.127965 0.127785 0.127960 +0.000155
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term up The long term trend has been UP since Apr 5th, 2018 at 0.129580

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 0.127730

short term up The short term trend has been UP since Apr 23rd, 2018 at 0.127925

Smart Scan Analysis for INRSEK

Based on a pre-defined weighted trend formula for chart analysis, INRSEK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127805 0.127965 0.127785 0.127960 +0.000155
Prev. Close Volume Bid Ask Time
0.127805 0.127930 0.127990 2018-04-26 01:31:35
Want to analyze Indian Rupee/Swedish Krona INRSEK or another symbol? Try our Free Forex Trend Analysis Report.