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Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

Indian Rupee/South Korean Won (FOREX:INRKRW)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
15.8125 15.8590 15.7625 15.8590 +0.0465
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term down The long term trend has been DOWN since Aug 29th, 2018 at 15.7440

intermediate term up The intermediate term trend has been UP since Oct 18th, 2018 at 15.4575

short term up The short term trend has been UP since Nov 8th, 2018 at 15.4930

Smart Scan Analysis for INRKRW

Based on a pre-defined weighted trend formula for chart analysis, INRKRW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.8125 15.8590 15.7625 15.8590 +0.0465
Prev. Close Volume Bid Ask Time
15.8125 15.8450 15.8730 2018-11-20 20:29:21
Want to analyze Indian Rupee/South Korean Won INRKRW or another symbol? Try our Free Forex Trend Analysis Report.