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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
326.240 330.545 325.340 330.525 +4.285
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term down The long term trend has been DOWN since Oct 26th, 2017 at 345.250

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2017 at 356.220

short term down The short term trend has been DOWN since Dec 7th, 2017 at 332.695

Smart Scan Analysis for BRLKRW

Based on a pre-defined weighted trend formula for chart analysis, BRLKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
326.240 330.545 325.340 330.525 +4.285
Prev. Close Volume Bid Ask Time
326.240 330.220 330.830 2017-12-15 18:14:05
Want to analyze Brazilian Real/South Korean Won BRLKRW or another symbol? Try our Free Forex Trend Analysis Report.