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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Weak Downtrend (-65) - SEKINR is showing signs of a strengthening downtrend. Monitor SEKINR as it may be building momentum to the downside.

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.

FOREX_SEKINR
Open High Low SEKINR Price Change
7.555093 7.621042 7.544723 7.579164 +0.024071
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long-term trend has been DOWN since Mar 18th, 2020 at 7.261238

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2020 at 7.331381

short term up The short-term trend has been UP since Apr 7th, 2020 at 7.626155

Smart Scan Analysis for SEKINR

Based on our trend formula, SEKINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.555093 7.621042 7.544723 7.579164 +0.024071
Prev. Close Volume Bid Ask Time
7.555093 7.579114 7.579214 2020-04-09 07:22:25
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