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Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Swedish Krona/Indian Rupee (FOREX:SEKINR)
Long-Term Downtrend (-90) - SEKINR is in a strong downtrend that is likely to continue. While SEKINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 16th, 2021 at 8.402137
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 7.781843
The short-term trend has been DOWN since Jun 29th, 2022 at 7.717678
Smart Scan Analysis for SEKINR
Based on our trend formula, SEKINR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.699163 | 7.711382 | 7.608796 | 7.658147 | -0.041016 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.699163 | 2022-07-01 17:06:58 |