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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
7.43875 7.44395 7.39890 7.40535 -0.03340
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 Aug 5th, 2019 at 7.39930

short term up The short term trend has been UP since Sep 15th, 2019 at 7.43005

Smart Scan Analysis for SEKINR

Based on a pre-defined weighted trend formula for chart analysis, SEKINR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.43875 7.44395 7.39890 7.40535 -0.03340
Prev. Close Volume Bid Ask Time
7.43875 7.40530 7.40540 2019-09-17 04:20:28
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.