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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Strong Downtrend (-100) - KRWINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWINR continues to fall. Traders should use caution 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.

FOREX_KRWINR
Open High Low KRWINR Price Change
0.06074039 0.06074828 0.06043450 0.06043603 -0.00030400
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long-term trend has been DOWN since Mar 14th, 2022 at 0.06168637

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 0.06011055

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.06084929

Smart Scan Analysis for KRWINR

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

-100
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06074039 0.06074828 0.06043450 0.06043603 -0.00030400
Prev. Close Volume Bid Ask Time
0.06074039 2022-08-16 07:04:47
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