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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swedish Krona/Indian Rupee (FOREX:SEKINR)
Sidelines Mode (+50) - SEKINR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SEKINR can gain momentum.
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.
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MarketClub’s Trade Triangles for SEKINR
The long-term trend has been DOWN since Nov 5th, 2024 at 7.792658
The intermediate-term trend has been UP since Dec 25th, 2024 at 7.828916
The short-term trend has been UP since Dec 25th, 2024 at 7.828916
Smart Scan Analysis for SEKINR
Based on our trend formula, SEKINR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.669474 | 7.705987 | 7.668925 | 7.701207 | +0.031733 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.669474 | 2024-12-26 05:13:36 |