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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

Indian Rupee/South Korean Won (FOREX:INRKRW)

Weak Uptrend (+65) - INRKRW is showing signs of weakening momentum to the upside. Monitor INRKRW as it may be in the beginning stages of a reversal.

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
16.428754 16.440310 16.358573 16.436172 +0.007418
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long-term trend has been UP since Mar 14th, 2022 at 16.210736

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2022 at 16.433959

short term down The short-term trend has been DOWN since Aug 4th, 2022 at 16.448780

Smart Scan Analysis for INRKRW

Based on our trend formula, INRKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.428754 16.440310 16.358573 16.436172 +0.007418
Prev. Close Volume Bid Ask Time
16.428754 2022-08-09 16:49:50
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