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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_SEKINR
Open High Low SEKINR Price Change
7.61955 7.65825 7.60665 7.62565 +0.00610
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 Aug 5th, 2018 at 7.68300

short term up The short term trend has been UP since Aug 13th, 2018 at 7.66840

Smart Scan Analysis for SEKINR

Based on a pre-defined weighted trend formula for chart analysis, SEKINR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.61955 7.65825 7.60665 7.62565 +0.00610
Prev. Close Volume Bid Ask Time
7.61955 7.62400 7.62730 2018-08-17 18:30:01
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.