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Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Long-Term Downtrend (-90) - INRKRW is in a strong downtrend that is likely to continue. While INRKRW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for INRKRW
The long-term trend has been DOWN since Mar 24th, 2020 at 15.908973
The intermediate-term trend has been DOWN since Mar 24th, 2020 at 15.908973
The short-term trend has been DOWN since Mar 20th, 2020 at 16.486682
Smart Scan Analysis for INRKRW
Based on our trend formula, INRKRW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.078279 | 16.098278 | 15.762025 | 15.799727 | -0.278552 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.078279 | 15.799662 | 15.799792 | 2020-04-08 21:43:54 |