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Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Bull Market Weakness (+75) - INRKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRKRW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid INRKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for INRKRW
The long-term trend has been DOWN since Mar 24th, 2020 at 15.908973
The intermediate-term trend has been UP since May 3rd, 2020 at 16.265588
The short-term trend has been UP since May 20th, 2020 at 16.262570
Smart Scan Analysis for INRKRW
Based on our trend formula, INRKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.321728 | 16.333256 | 16.262103 | 16.317993 | -0.003735 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.321728 | 16.304742 | 16.331244 | 2020-05-26 09:37:23 |