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.
MarketClub’s Trade Triangles for SEKINR
The long-term trend has been DOWN since Mar 18th, 2020 at 7.261238
The intermediate-term trend has been DOWN since Mar 18th, 2020 at 7.331381
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).