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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.

FOREX_KRWINR
Open High Low KRWINR Price Change
0.06561943 0.06561943 0.06533131 0.06547930 -0.00014000
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 6.14225170

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2021 at 0.06651276

short term up 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).

-85
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06561943 0.06561943 0.06533131 0.06547930 -0.00014000
Prev. Close Volume Bid Ask Time
0.06561943 2021-03-01 08:29:10
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