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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Countertrend Down (-85) - KRWINR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_KRWINR
Open High Low KRWINR Price Change
0.06056029 0.06056029 0.06056029 0.06056029 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 0.06159925

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.06198468

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.06175043

Smart Scan Analysis for KRWINR

Based on our trend formula, KRWINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06056029 0.06056029 0.06056029 0.06056029 0.00000000
Prev. Close Volume Bid Ask Time
0.06056029 2024-04-13 13:00:28
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