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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

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.

Open High Low SEKINR Price Change
8.22540 8.28085 8.19340 8.20230 -0.02310
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term up The long term trend has been UP since Sep 5th, 2018 at 7.91405

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 7.74595

short term down The short term trend has been DOWN since Oct 17th, 2018 at 8.21105

Smart Scan Analysis for SEKINR

Based on a pre-defined weighted trend formula for chart analysis, SEKINR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.22540 8.28085 8.19340 8.20230 -0.02310
Prev. Close Volume Bid Ask Time
8.22540 8.19840 8.20620 2018-10-17 17:23:02
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.