Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Strong Downtrend (-100) - KRWINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWINR continues to fall. 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 Mar 14th, 2022 at 0.06168637
The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 0.06011055
The short-term trend has been DOWN since Aug 15th, 2022 at 0.06084929
Smart Scan Analysis for KRWINR
Based on our trend formula, KRWINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).