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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Bull Market Weakness (+75) - SEKINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKINR as it may be in the beginning stages of a reversal.

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
8.717098 8.732250 8.665750 8.700041 -0.017057
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 8.538111

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2021 at 8.599213

short term up The short-term trend has been UP since Oct 13th, 2021 at 8.642402

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
8.717098 8.732250 8.665750 8.700041 -0.017057
Prev. Close Volume Bid Ask Time
8.717098 2021-10-18 22:32:45
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