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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Weak Downtrend (-65) - KRWINR is showing signs of a strengthening downtrend. Monitor KRWINR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid KRWINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWINR
Open High Low KRWINR Price Change
0.06190307 0.06207363 0.06165142 0.06175789 -0.00014500
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term up The long-term trend has been UP since Nov 6th, 2023 at 0.06429128

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.06198468

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.06186425

Smart Scan Analysis for KRWINR

Based on our trend formula, KRWINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06190307 0.06207363 0.06165142 0.06175789 -0.00014500
Prev. Close Volume Bid Ask Time
0.06190307 2024-03-28 06:49:35
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