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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
7.6010 7.6010 7.6010 7.6010 0.0000
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long term trend has been DOWN since Feb 11th, 2019 at 7.6486

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2019 at 7.8072

short term down The short term trend has been DOWN since Feb 19th, 2019 at 7.6455

Smart Scan Analysis for SEKINR

Based on a pre-defined weighted trend formula for chart analysis, SEKINR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6010 7.6010 7.6010 7.6010 0.0000
Prev. Close Volume Bid Ask Time
7.6010 7.6002 7.6018 2019-02-23 07:39:31
Want to analyze Swedish Krona/Indian Rupee SEKINR or another symbol? Try our Free Forex Trend Analysis Report.