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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Indian Rupee/Swedish Krona (FOREX:INRSEK)

Weak Downtrend (-65) - INRSEK is showing signs of a strengthening downtrend. Monitor INRSEK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid INRSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRSEK
Open High Low INRSEK Price Change
0.12545775 0.12553569 0.12531293 0.12547370 +0.00001600
Entry Signal

MarketClub’s Trade Triangles for INRSEK

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 0.12271041

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 0.12882818

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 0.12479754

Smart Scan Analysis for INRSEK

Based on our trend formula, INRSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12545775 0.12553569 0.12531293 0.12547370 +0.00001600
Prev. Close Volume Bid Ask Time
0.12545775 2024-06-25 03:18:05
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