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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Bear Market Rally (-75) - SEKINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKINR as it may be in the beginning 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
7.666832 7.671744 7.665119 7.669064 +0.002232
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 7.812427

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 7.968527

short term up The short-term trend has been UP since Apr 23rd, 2024 at 7.673658

Smart Scan Analysis for SEKINR

Based on our trend formula, SEKINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.666832 7.671744 7.665119 7.669064 +0.002232
Prev. Close Volume Bid Ask Time
7.666832 2024-04-25 00:30:43
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