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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

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.

FOREX_INRKRW
Open High Low INRKRW Price Change
16.4990 16.4990 16.4225 16.4245 -0.0745
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long term trend has been UP since Jul 13th, 2018 at 16.5040

intermediate term up The intermediate term trend has been UP since Jul 11th, 2018 at 16.4340

short term up The short term trend has been UP since Jul 10th, 2018 at 16.2535

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).

+90
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.4990 16.4990 16.4225 16.4245 -0.0745
Prev. Close Volume Bid Ask Time
16.4990 16.4060 16.4430 2018-07-16 06:35:13
Want to analyze Indian Rupee/South Korean Won INRKRW or another symbol? Try our Free Forex Trend Analysis Report.