Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Long-Term Downtrend (-90) - KRWINR is in a strong downtrend that is likely to continue. While KRWINR is showing intraday strength, it remains in the confines of a bearish trend. 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.
|
MarketClub’s Trade Triangles for KRWINR
The long-term trend has been DOWN since Nov 5th, 2024 at 0.06039388
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.06226869
The short-term trend has been DOWN since Dec 1st, 2024 at 0.06041286
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05923626 | 0.05933762 | 0.05920722 | 0.05931445 | +0.00007800 |
Prev. Close | Volume | Bid | Ask | Time |
0.05923626 | 2024-12-12 06:46:31 |