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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Crossroads (+60) - INRSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.13586894 0.13646063 0.13576218 0.13583449 -0.00003400
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term down The long-term trend has been DOWN since Aug 26th, 2019 at 0.13316500

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2020 at 0.13280260

short term up The short-term trend has been UP since Feb 10th, 2020 at 0.13520627

Smart Scan Analysis for INRSEK

Based on our trend formula, INRSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13586894 0.13646063 0.13576218 0.13583449 -0.00003400
Prev. Close Volume Bid Ask Time
0.13586894 0.13576981 0.13589916 2020-02-17 17:43:52
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