Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
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.
MarketClub’s Trade Triangles for KRWINR
The long-term trend has been DOWN since Oct 11th, 2020 at 6.14225170
The intermediate-term trend has been DOWN since Jan 13th, 2021 at 0.06651276
The short-term trend has been UP since Feb 26th, 2021 at 0.06556524
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).