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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.

FOREX_INRKRW
Open High Low INRKRW Price Change
16.321728 16.333256 16.262103 16.317993 -0.003735
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term down The long-term trend has been DOWN since Mar 24th, 2020 at 15.908973

intermediate term up The intermediate-term trend has been UP since May 3rd, 2020 at 16.265588

short term up 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).

+70
Smart Scan Analysis for INRKRW
Strong Downtrend Sideways 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
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