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Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

South Korean Won/Indian Rupee (FOREX:KRWINR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.

Open High Low KRWINR Price Change
6.08635 6.12035 6.06910 6.07830 -0.00805
Entry Signal

MarketClub’s Trade Triangles for KRWINR

long term down The long term trend has been DOWN since Jan 7th, 2019 at 6.19835

intermediate term down The intermediate term trend has been DOWN since Mar 5th, 2019 at 6.27785

short term up The short term trend has been UP since Mar 26th, 2019 at 6.11900

Smart Scan Analysis for KRWINR

Based on a pre-defined weighted trend formula for chart analysis, KRWINR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for KRWINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.08635 6.12035 6.06910 6.07830 -0.00805
Prev. Close Volume Bid Ask Time
6.08635 6.07740 6.07920 2019-03-26 22:30:19
Want to analyze South Korean Won/Indian Rupee KRWINR or another symbol? Try our Free Forex Trend Analysis Report.