Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indian Rupee/South Korean Won (FOREX:INRKRW)

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

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

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

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

FOREX_INRKRW
Open High Low INRKRW Price Change
16.554425 16.569291 16.518349 16.536221 -0.018204
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long-term trend has been UP since Apr 1st, 2024 at 16.232081

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 16.490267

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 16.534650

Smart Scan Analysis for INRKRW

Based on our trend formula, INRKRW is rated as a -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
16.554425 16.569291 16.518349 16.536221 -0.018204
Prev. Close Volume Bid Ask Time
16.554425 2024-07-26 19:32:22
Get a free daily analysis and signals for Indian Rupee/South Korean Won (INRKRW) - Request Your Free Report.