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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Sidelines Mode (+55) - KRWINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_KRWINR
Open High Low KRWINR Price Change
0.06348608 0.06360688 0.06341188 0.06360688 +0.00012100
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 0.06431617

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 0.06307154

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 0.06335759

Smart Scan Analysis for KRWINR

Based on our trend formula, KRWINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06348608 0.06360688 0.06341188 0.06360688 +0.00012100
Prev. Close Volume Bid Ask Time
0.06348608 2021-10-22 03:41:34
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