Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Weak Downtrend (-65) - INRKRW is showing signs of a strengthening downtrend. Monitor INRKRW as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for INRKRW
The long-term trend has been UP since Aug 11th, 2021 at 15.548190
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 15.806861
The short-term trend has been DOWN since Nov 29th, 2021 at 15.887162
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).