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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Indian Rupee/Swedish Krona (FOREX:INRSEK)
Countertrend Up (+85) - INRSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 5th, 2024 at 0.12872572
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.12390192
The short-term trend has been DOWN since Nov 18th, 2024 at 0.12942059
Smart Scan Analysis for INRSEK
Based on our trend formula, INRSEK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12945099 | 0.12983241 | 0.12934484 | 0.12978597 | +0.00033500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12945099 | 2024-11-20 03:33:58 |