Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Crossroads (-60) - INRKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 7th, 2023 at 16.096042
The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 15.699761
The short-term trend has been DOWN since Mar 21st, 2023 at 15.752942
Smart Scan Analysis for INRKRW
Based on our trend formula, INRKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).