Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Sidelines Mode (+55) - KRWINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for KRWINR
The long-term trend has been DOWN since Aug 11th, 2021 at 0.06431617
The intermediate-term trend has been UP since Oct 11th, 2021 at 0.06307154
The short-term trend has been DOWN since Oct 21st, 2021 at 0.06335759
Smart Scan Analysis for KRWINR
Based on our trend formula, KRWINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).