Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
South Korean Won/Indian Rupee (FOREX:KRWINR)
Strong Downtrend (-100) - KRWINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Oct 11th, 2020 at 6.14225170
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 0.06494098
The short-term trend has been DOWN since Mar 3rd, 2021 at 0.06506417
Smart Scan Analysis for KRWINR
Based on our trend formula, KRWINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).