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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_KRWINR
Open High Low KRWINR Price Change
5.9730 5.9845 5.9730 5.9807 +0.0077
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term up The long term trend has been UP since Oct 31st, 2017 at 5.79065

intermediate term up The intermediate term trend has been UP since Dec 25th, 2017 at 5.95490

short term down The short term trend has been DOWN since Jan 18th, 2018 at 5.96175

Smart Scan Analysis for KRWINR

Based on a pre-defined weighted trend formula for chart analysis, KRWINR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9730 5.9845 5.9730 5.9807 +0.0077
Prev. Close Volume Bid Ask Time
5.9730 5.9802 5.9812 2018-01-19 02:35:33
Want to analyze South Korean Won/Indian Rupee KRWINR or another symbol? Try our Free Forex Trend Analysis Report.