Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Indian Rupee/South Korean Won (FOREX:INRKRW)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for INRKRW
The long term trend has been DOWN since Sep 5th, 2019 at 16.5695
The intermediate term trend has been DOWN since Oct 13th, 2019 at 16.6680
The short term trend has been DOWN since Oct 1st, 2019 at 16.9135
Smart Scan Analysis for INRKRW
Based on a pre-defined weighted trend formula for chart analysis, INRKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.602751 | 16.633472 | 16.494803 | 16.583635 | -0.019116 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.602751 | 16.569582 | 16.597688 | 2019-10-17 23:07:25 |