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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Indian Rupee/South Korean Won (FOREX:INRKRW)

Countertrend Up (+85) - INRKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
15.517194 15.594771 15.391703 15.590954 +0.073760
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long-term trend has been UP since Feb 4th, 2021 at 15.367646

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2021 at 15.400673

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 15.406742

Smart Scan Analysis for INRKRW

Based on our trend formula, INRKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.517194 15.594771 15.391703 15.590954 +0.073760
Prev. Close Volume Bid Ask Time
15.517194 2021-03-08 20:41:59
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