Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Long-Term Uptrend (+90) - KRWINR is in a strong uptrend that is likely to continue. While KRWINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Mar 24th, 2020 at 6.2852355
The intermediate-term trend has been UP since Jul 29th, 2020 at 6.3095508
The short-term trend has been UP since Jul 27th, 2020 at 6.2616756
Smart Scan Analysis for KRWINR
Based on our trend formula, KRWINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).