Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Crossroads (+60) - KRWINR 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 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.
MarketClub’s Trade Triangles for KRWINR
The long-term trend has been DOWN since Aug 11th, 2021 at 0.06431617
The intermediate-term trend has been UP since Nov 30th, 2021 at 0.06326651
The short-term trend has been UP since Nov 29th, 2021 at 0.06294390
Smart Scan Analysis for KRWINR
Based on our trend formula, KRWINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).