KRWIDR NEWS why is Korean Won / Indian Rupiah price falling or rising

KRWIDR NEWS reasons for why stock price of Korean Won / Indian Rupiah is falling or rising

KRWIDR Korean Won is falling or rising technical reasons

Technical analysis forecast of Korean Won Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Korean Won KRWIDR at this time. Stock is rising and might rise more.

It appears as if Korean Won KRWIDR gave a large move recently.

Stock of Korean Won (KRWIDR) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Korean Won is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Korean Won stays above 11.8, but if it comes below 11.8, then a intra day sell could be more profitable.
If you take a sell trade below 11.8, then use 11.8 as stoploss and 11.76 as target. However if you take a buy trade in Korean Won, then use 11.8 as stoploss and 11.9 as target.

KRWIDR Korean Won is falling or rising NEWS fundamental reasons

More announcements and NEWS

KRWIDR Korean Won / Indian Rupiah current price & indicator signals

Moving Averages for Korean Won / Indian Rupiah

  • 5Day Average: 11.78
  • 12Day Average: 11.74
  • 20Day Average: 11.76
  • 50Day Average: 11.77
  • 100Day Average: 11.8
  • 150Day Average: 11.79
  • 200Day Average: 11.74

KRWIDR Indicators & signals

Indicator MACD (12,26,9)

11.76, 11.77, -0.02
Indicator MACD is in negative zone

Indicator ADX (14)

93.55, 96.15, 3.21
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of KRWIDR Korean Won / Indian Rupiah are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 11.80700 11.74210 to 11.80710 0.26% 0 times
24 Wed Apr 2024 11.77600 11.73400 to 11.80810 0.14% 0 times
23 Tue Apr 2024 11.75970 11.74450 to 11.79470 -0.18% 0 times
22 Mon Apr 2024 11.78040 11.72550 to 11.79610 -0.13% 0 times
19 Fri Apr 2024 11.79540 11.65210 to 11.80140 0.33% 0 times
18 Thu Apr 2024 11.75660 11.73050 to 11.78530 -0.28% 0 times
17 Wed Apr 2024 11.78940 11.69860 to 11.78940 0.51% 0 times
16 Tue Apr 2024 11.72960 11.50360 to 11.73270 1.15% 0 times
15 Mon Apr 2024 11.59600 11.57470 to 11.67850 -0.71% 0 times
12 Fri Apr 2024 11.67890 11.62720 to 11.71410 -0.27% 0 times
11 Thu Apr 2024 11.71070 11.67470 to 11.72970 -0.16% 0 times
10 Wed Apr 2024 11.72930 11.69010 to 11.76970 -0.33% 0 times

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