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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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
8.743692 8.744352 8.653194 8.686447 -0.057245
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term up The long-term trend has been UP since May 28th, 2020 at 7.968623

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 8.667960

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 8.708662

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).

-70
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.743692 8.744352 8.653194 8.686447 -0.057245
Prev. Close Volume Bid Ask Time
8.743692 2021-03-01 14:58:14
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