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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low KRWINR Price Change
6.38295 6.38295 6.34805 6.35880 -0.02415
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term up The long term trend has been UP since Aug 29th, 2018 at 6.38290

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 6.46195

short term down The short term trend has been DOWN since Nov 7th, 2018 at 6.47595

Smart Scan Analysis for KRWINR

Based on a pre-defined weighted trend formula for chart analysis, KRWINR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.38295 6.38295 6.34805 6.35880 -0.02415
Prev. Close Volume Bid Ask Time
6.38295 6.35800 6.35960 2018-11-19 08:29:11
Want to analyze South Korean Won/Indian Rupee KRWINR or another symbol? Try our Free Forex Trend Analysis Report.