Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Indian Rupee/South Korean Won (FOREX:INRKRW)

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_INRKRW
Open High Low INRKRW Price Change
16.9035 16.9035 16.9035 16.9035 0.0000
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term down The long term trend has been DOWN since Oct 31st, 2017 at 17.2690

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2017 at 17.5065

short term down The short term trend has been DOWN since Dec 10th, 2017 at 16.9045

Smart Scan Analysis for INRKRW

Based on a pre-defined weighted trend formula for chart analysis, INRKRW scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.9035 16.9035 16.9035 16.9035 0.0000
Prev. Close Volume Bid Ask Time
16.9035 16.5080 17.2990 2017-12-11 00:41:13
Want to analyze Indian Rupee/South Korean Won INRKRW or another symbol? Try our Free Forex Trend Analysis Report.