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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_KRWBRL
Open High Low KRWBRL Price Change
0.003461 0.003462 0.003453 0.003458 -0.000003
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term down The long term trend has been DOWN since Oct 8th, 2018 at 0.003280

intermediate term up The intermediate term trend has been UP since Nov 6th, 2018 at 0.003353

short term down The short term trend has been DOWN since Dec 7th, 2018 at 0.003443

Smart Scan Analysis for KRWBRL

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

+55
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003461 0.003462 0.003453 0.003458 -0.000003
Prev. Close Volume Bid Ask Time
0.003461 0.003454 0.003463 2018-12-12 06:30:10
Want to analyze South Korean Won/Brazilian Real KRWBRL or another symbol? Try our Free Forex Trend Analysis Report.