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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

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.

FOREX_INRKRW
Open High Low INRKRW Price Change
16.787622 16.821905 16.619923 16.633909 -0.153713
Entry Signal

MarketClub’s Trade Triangles for INRKRW

long term up The long-term trend has been UP since Nov 5th, 2024 at 16.558792

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2025 at 16.860140

short term down The short-term trend has been DOWN since Feb 4th, 2025 at 16.722097

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
16.787622 16.821905 16.619923 16.633909 -0.153713
Prev. Close Volume Bid Ask Time
16.787622 2025-02-04 23:08:31
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