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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

Indian Rupee/South Korean Won (FOREX:INRKRW)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_INRKRW
Open High Low INRKRW Price Change
16.619 16.619 16.619 16.619 0.000
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term down The long term trend has been DOWN since Oct 31st, 2017 at 17.269

intermediate term down The intermediate term trend has been DOWN since Feb 15th, 2018 at 16.653

short term down The short term trend has been DOWN since Feb 14th, 2018 at 16.823

Smart Scan Analysis for INRKRW

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

-100
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.619 16.619 16.619 16.619 0.000
Prev. Close Volume Bid Ask Time
16.619 16.600 16.638 2018-02-18 21:00:24
Want to analyze Indian Rupee/South Korean Won INRKRW or another symbol? Try our Free Forex Trend Analysis Report.