Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Weak Downtrend (-65) - BRLKRW is showing signs of a strengthening downtrend. Monitor BRLKRW as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BRLKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
267.56458 269.34862 266.28990 269.09868 +1.53410
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 262.37103

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 265.16535

short term up The short-term trend has been UP since Apr 23rd, 2024 at 267.01110

Smart Scan Analysis for BRLKRW

Based on our trend formula, BRLKRW is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
267.56458 269.34862 266.28990 269.09868 +1.53410
Prev. Close Volume Bid Ask Time
266.68034 2024-04-26 16:29:28
Get a free daily analysis and signals for Brazilian Real/South Korean Won (BRLKRW) - Request Your Free Report.