Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/Indian Rupee (FOREX:SEKINR)
Countertrend Down (-85) - SEKINR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Oct 10th, 2024 at 8.062516
The short-term trend has been UP since Nov 18th, 2024 at 7.725975
Smart Scan Analysis for SEKINR
Based on our trend formula, SEKINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.723796 | 7.730219 | 7.702227 | 7.707568 | -0.016228 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.723796 | 2024-11-20 03:43:37 |