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Forex Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Crossroads (+60) - KRWINR is struggling to move into a solid trend. Beware of choppy markets 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
0.06309754 0.06309754 0.06309754 0.06309754 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 0.06213587

intermediate term up The intermediate-term trend has been UP since May 19th, 2023 at 0.06229860

short term up The short-term trend has been UP since May 29th, 2023 at 0.06251240

Smart Scan Analysis for KRWINR

Based on our trend formula, KRWINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06309754 0.06309754 0.06309754 0.06309754 0.00000000
Prev. Close Volume Bid Ask Time
0.06309754 2023-06-04 07:47:23
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