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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Indian Rupee/South Korean Won (FOREX:INRKRW)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low INRKRW Price Change
15.8120 15.8120 15.8075 15.8075 -0.0045
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long term trend has been UP since Jan 6th, 2019 at 16.1320

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2019 at 15.7935

short term up The short term trend has been UP since Feb 20th, 2019 at 15.8110

Smart Scan Analysis for INRKRW

Based on a pre-defined weighted trend formula for chart analysis, INRKRW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for INRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.8120 15.8120 15.8075 15.8075 -0.0045
Prev. Close Volume Bid Ask Time
15.8120 15.7790 15.8360 2019-02-23 13:39:49
Want to analyze Indian Rupee/South Korean Won INRKRW or another symbol? Try our Free Forex Trend Analysis Report.