Forex Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for INRKRW
The long term trend has been UP since Apr 11th, 2017 at 17.780
The intermediate term trend has been UP since Jun 12th, 2017 at 17.517
The short term trend has been UP since Jun 27th, 2017 at 17.681
Smart Scan Analysis for INRKRW
Based on a pre-defined weighted trend formula for chart analysis, INRKRW scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).