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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.

FOREX_SEKINR
Open High Low SEKINR Price Change
7.29645 7.31565 7.28665 7.29995 +0.00350
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long term trend has been DOWN since Feb 11th, 2019 at 7.64860

intermediate term up The intermediate term trend has been UP since Jun 4th, 2019 at 7.36835

short term down The short term trend has been DOWN since Jun 18th, 2019 at 7.32465

Smart Scan Analysis for SEKINR

Based on a pre-defined weighted trend formula for chart analysis, SEKINR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.29645 7.31565 7.28665 7.29995 +0.00350
Prev. Close Volume Bid Ask Time
7.29645 7.29890 7.30100 2019-06-19 10:46:18
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.