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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
270.880 271.690 270.600 271.685 +0.805
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term down The long term trend has been DOWN since Oct 26th, 2017 at 345.25

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 292.11

short term up The short term trend has been UP since Sep 17th, 2018 at 271.23

Smart Scan Analysis for BRLKRW

Based on a pre-defined weighted trend formula for chart analysis, BRLKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.880 271.690 270.600 271.685 +0.805
Prev. Close Volume Bid Ask Time
270.880 271.440 271.930 2018-09-20 06:20:13
Want to analyze Brazilian Real/South Korean Won BRLKRW or another symbol? Try our Free Forex Trend Analysis Report.