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Forex Trend Analysis Report

Prepared for you on Wednesday, June 16, 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.

FOREX_SEKINR
Open High Low SEKINR Price Change
8.808683 8.814740 8.661765 8.725378 -0.083305
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term up The long-term trend has been UP since Apr 21st, 2021 at 9.006500

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 8.692159

short term down The short-term trend has been DOWN since Jun 11th, 2021 at 8.794433

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).

-70
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.808683 8.814740 8.661765 8.725378 -0.083305
Prev. Close Volume Bid Ask Time
8.808683 2021-06-16 21:14:49
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