Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Swedish Krona/Indian Rupee (FOREX:SEKINR)
Bull Market Weakness (+75) - SEKINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKINR
The long-term trend has been DOWN since Aug 9th, 2021 at 8.538111
The intermediate-term trend has been UP since Oct 8th, 2021 at 8.599213
The short-term trend has been UP since Oct 13th, 2021 at 8.642402
Smart Scan Analysis for SEKINR
Based on our trend formula, SEKINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).