Today's KRW to INR Price Update

Summary

This report provides the real-time exchange rate between the Korean Won (KRW) and Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Korean Won (KRW) is the official currency of South Korea, while the Indian Rupee (INR) is the primary fiat currency of India. The exchange rate between them reflects bilateral trade dynamics, relative monetary policy conditions, and investor sentiment between the two major Asian economies.

Today’s Price

• 1 KRW = 0.0628 INR
• 24h High: 0.063046 INR
• 24h Low: 0.062658 INR

Market Analysis

Recent KRW/INR price movements reflect shifting market sentiment and technical positioning in the currency pair.

• Technical indicators: Moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are currently aligned around 0.0628, suggesting buy signals. The 14-day RSI reading stands at 56.33, indicating a neutral market sentiment. Bull/Bear Power shows a sell signal at -0.0003.
• Key technical level: The Fibonacci pivot point performance value is at 0.0628
• Risk note: Market sentiment requires careful monitoring as technical indicators present mixed signals despite overall buy recommendations
• Trading opportunities: Traders should focus on support and resistance levels for intraday trading strategies and monitor moving average crossovers for potential directional moves

Conclusion

Continue to monitor the KRW/INR pair closely, integrating technical analysis with support and resistance levels. Traders should pay attention to moving average trends and RSI readings to identify optimal entry and exit points for both short-term and medium-term trading strategies.