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.
MarketClub’s Trade Triangles for SEKINR
The long-term trend has been UP since Apr 21st, 2021 at 9.006500
The intermediate-term trend has been DOWN since May 4th, 2021 at 8.692159
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).