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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

Indian Rupee/South Korean Won (FOREX:INRKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low INRKRW Price Change
17.4265 17.4285 17.4195 17.4225 -0.0040
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long term trend has been UP since Apr 11th, 2017 at 17.7800

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

short term up The short term trend has been UP since Oct 15th, 2017 at 17.4435

Smart Scan Analysis for INRKRW

Based on a pre-defined weighted trend formula for chart analysis, INRKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.4265 17.4285 17.4195 17.4225 -0.0040
Prev. Close Volume Bid Ask Time
17.4265 17.4030 17.4420 2017-10-20 03:10:45
Want to analyze Indian Rupee/South Korean Won INRKRW or another symbol? Try our Free Forex Trend Analysis Report.