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.
MarketClub’s Trade Triangles for SEKINR
The long-term trend has been UP since May 28th, 2020 at 7.968623
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 8.667960
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).