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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Countertrend Down (-85) - KRWINR 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 KRWINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWINR.
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 KRWINR
The long-term trend has been DOWN since Nov 5th, 2024 at 0.06039388
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.06226869
The short-term trend has been UP since Nov 15th, 2024 at 0.06047099
Smart Scan Analysis for KRWINR
Based on our trend formula, KRWINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06073611 | 0.06076701 | 0.06052318 | 0.06052318 | -0.00021300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06073611 | 2024-11-20 03:28:57 |