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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Weak Downtrend (-65) - INRSEK is showing signs of a strengthening downtrend. Monitor INRSEK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid INRSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRSEK
Open High Low INRSEK Price Change
0.11493109 0.11508676 0.11440929 0.11451659 -0.00041400
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.11711440

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.11627386

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 0.11443899

Smart Scan Analysis for INRSEK

Based on our trend formula, INRSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11493109 0.11508676 0.11440929 0.11451659 -0.00041400
Prev. Close Volume Bid Ask Time
0.11493109 2021-10-22 07:03:32
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