INRKRW NEWS why is Indian Rupee / Korean Won price falling or rising

INRKRW NEWS reasons for why stock price of Indian Rupee / Korean Won is falling or rising

INRKRW Indian Rupee is falling or rising technical reasons

Technical analysis forecast for Indian Rupee Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indian Rupee INRKRW at this time. Stock is falling and might fall more.

It appears as if Indian Rupee INRKRW gave a large move recently.

Stock of Indian Rupee (INRKRW) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Indian Rupee is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.8 as stoploss in an intra day buy trade for a target of 16.94. However, stock will show a bearish move below 16.8.

INRKRW Indian Rupee is falling or rising NEWS fundamental reasons

More announcements and NEWS

INRKRW Indian Rupee / Korean Won current price & indicator signals

Moving Averages for Indian Rupee / Korean Won

  • 5Day Average: 16.87
  • 12Day Average: 16.95
  • 20Day Average: 17.03
  • 50Day Average: 16.78
  • 100Day Average: 16.38
  • 150Day Average: 16.42
  • 200Day Average: 16.4

INRKRW Indicators & signals

Indicator MACD (12,26,9)

16.93, 16.9, 0.08
Indicator MACD is in positive zone

Indicator ADX (14)

0, 50, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
17 Fri Jan 2025 16.84100 16.79100 to 16.85000 -0.03% 0 times
16 Thu Jan 2025 16.84600 16.78400 to 16.86600 0.08% 0 times
15 Wed Jan 2025 16.83300 16.82600 to 16.92000 -0.26% 0 times
14 Tue Jan 2025 16.87700 16.84600 to 16.91900 -0.34% 0 times
13 Mon Jan 2025 16.93400 16.89800 to 17.10800 0% 0 times
13 Mon Jan 2025 16.93400 16.89800 to 17.10800 -1% 0 times
10 Fri Jan 2025 17.10500 16.96400 to 17.12200 0.88% 0 times
08 Wed Jan 2025 16.95500 16.90400 to 17.03800 0% 0 times
08 Wed Jan 2025 16.95500 16.90400 to 17.03800 0.19% 0 times
07 Tue Jan 2025 16.92300 16.86500 to 17.08700 -0.88% 0 times
06 Mon Jan 2025 17.07300 16.99700 to 17.15000 -0.23% 0 times
03 Fri Jan 2025 17.11300 17.03400 to 17.16100 -0.26% 0 times

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INRKRW NEWS why is Indian Rupee / Korean Won price falling or rising

 

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