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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Swedish Krona/Indian Rupee (FOREX:SEKINR)

Strong Downtrend (-100) - SEKINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKINR continues to fall. Traders should use caution and set stops.

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
8.068888 8.100126 8.064051 8.083496 +0.014608
Entry Signal

MarketClub’s Trade Triangles for SEKINR

long term down The long-term trend has been DOWN since Nov 16th, 2021 at 8.402137

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2021 at 8.200883

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 8.199988

Smart Scan Analysis for SEKINR

Based on our trend formula, SEKINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SEKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.068888 8.100126 8.064051 8.083496 +0.014608
Prev. Close Volume Bid Ask Time
8.068888 2022-01-26 08:59:48
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