Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Indian Rupee/Swedish Krona (FOREX:INRSEK)
Strong Downtrend (-100) - INRSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for INRSEK
The long-term trend has been DOWN since May 28th, 2020 at 0.12578380
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.11336062
The short-term trend has been DOWN since Feb 25th, 2021 at 0.11381510
Smart Scan Analysis for INRSEK
Based on our trend formula, INRSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).