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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indian Rupee/Swedish Krona (FOREX:INRSEK)
Sidelines Mode (-55) - INRSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for INRSEK
The long-term trend has been DOWN since Jun 4th, 2024 at 0.12271041
The intermediate-term trend has been UP since Jul 22nd, 2024 at 0.12785942
The short-term trend has been DOWN since Jul 26th, 2024 at 0.12808414
Smart Scan Analysis for INRSEK
Based on our trend formula, INRSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12917926 | 0.12937539 | 0.12748952 | 0.12921696 | +0.00003800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12917926 | 2024-07-26 17:00:06 |