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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Bull Market Weakness (+75) - INRSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRSEK as it may be in the beginning stages of a reversal.

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
0.13023343 0.13059416 0.12978966 0.12978966 -0.00044400
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term up The long-term trend has been UP since Nov 5th, 2024 at 0.12872572

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.12390192

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.12940738

Smart Scan Analysis for INRSEK

Based on our trend formula, INRSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13023343 0.13059416 0.12978966 0.12978966 -0.00044400
Prev. Close Volume Bid Ask Time
0.13023343 2024-12-26 07:10:49
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