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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

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_SEKINR
Open High Low SEKINR Price Change
7.66255 7.68285 7.59555 7.60425 -0.05830
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long term trend has been DOWN since Apr 5th, 2018 at 7.71635

intermediate term down The intermediate term trend has been DOWN since May 29th, 2018 at 7.57555

short term down The short term trend has been DOWN since Jun 15th, 2018 at 7.75850

Smart Scan Analysis for SEKINR

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

-100
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.66255 7.68285 7.59555 7.60425 -0.05830
Prev. Close Volume Bid Ask Time
7.66255 7.60370 7.60480 2018-06-21 10:22:50
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.