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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_INRSEK
Open High Low INRSEK Price Change
0.135880 0.135905 0.135125 0.135525 -0.000355
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 down The intermediate term trend has been DOWN since Aug 6th, 2019 at 0.135075

short term up The short term trend has been UP since Aug 14th, 2019 at 0.135100

Smart Scan Analysis for INRSEK

Based on a pre-defined weighted trend formula for chart analysis, INRSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.135880 0.135905 0.135125 0.135525 -0.000355
Prev. Close Volume Bid Ask Time
0.135880 0.135460 0.135590 2019-08-19 21:24:57
Want to analyze Indian Rupee/Swedish Krona INRSEK or another symbol? Try our Free Forex Trend Analysis Report.