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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Countertrend Down (-85) - INRKRW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 May 4th, 2025 at 16.411414
The intermediate-term trend has been DOWN since Apr 11th, 2025 at 16.586927
The short-term trend has been UP since May 7th, 2025 at 16.567502
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.379813 | 16.418096 | 16.302682 | 16.367303 | -0.012510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.379813 | 2025-05-09 05:13:21 |