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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

Open High Low BRLKRW Price Change
293.890 296.010 292.460 294.055 +0.165
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 Jul 2nd, 2018 at 285.66

short term up The short term trend has been UP since Jul 10th, 2018 at 288.97

Smart Scan Analysis for BRLKRW

Based on a pre-defined weighted trend formula for chart analysis, BRLKRW scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
293.890 296.010 292.460 294.055 +0.165
Prev. Close Volume Bid Ask Time
293.890 293.720 294.390 2018-07-18 20:10:12
Want to analyze Brazilian Real/South Korean Won BRLKRW or another symbol? Try our Free Forex Trend Analysis Report.