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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Bull Market Weakness (+75) - KRWINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWINR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid KRWINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWINR
Open High Low KRWINR Price Change
0.06040179 0.06053808 0.06035099 0.06047331 +0.00007200
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 0.06159925

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 0.06065280

short term up The short-term trend has been UP since Jul 23rd, 2024 at 0.06047927

Smart Scan Analysis for KRWINR

Based on our trend formula, KRWINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06040179 0.06053808 0.06035099 0.06047331 +0.00007200
Prev. Close Volume Bid Ask Time
0.06040179 2024-07-26 19:59:52
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