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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.

FOREX_KRWINR
Open High Low KRWINR Price Change
6.2989619 6.3229613 6.2783610 6.2978690 -0.0010930
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term up The long-term trend has been UP since Mar 24th, 2020 at 6.2852355

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2020 at 6.3095508

short term up 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).

+90
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.2989619 6.3229613 6.2783610 6.2978690 -0.0010930
Prev. Close Volume Bid Ask Time
6.2989619 6.2943830 6.3013549 2020-08-04 22:36:01
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