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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low INRSEK Price Change
0.137820 0.137820 0.137540 0.137685 -0.000135
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term up The long term trend has been UP since Feb 12th, 2019 at 0.130945

intermediate term up The intermediate term trend has been UP since Apr 25th, 2019 at 0.135840

short term down The short term trend has been DOWN since May 24th, 2019 at 0.137650

Smart Scan Analysis for INRSEK

Based on a pre-defined weighted trend formula for chart analysis, INRSEK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.137820 0.137820 0.137540 0.137685 -0.000135
Prev. Close Volume Bid Ask Time
0.137820 0.137380 0.137990 2019-05-25 11:00:37
Want to analyze Indian Rupee/Swedish Krona INRSEK or another symbol? Try our Free Forex Trend Analysis Report.