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.
MarketClub’s Trade Triangles for INRKRW
The long-term trend has been UP since Mar 14th, 2022 at 16.210736
The intermediate-term trend has been UP since Jun 12th, 2022 at 16.433959
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).