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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

FOREX_KRWBRL
Open High Low KRWBRL Price Change
0.003631 0.003648 0.003611 0.003647 +0.000016
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term up The long term trend has been UP since Nov 11th, 2016 at 0.002990

intermediate term up The intermediate term trend has been UP since Aug 13th, 2018 at 0.003423

short term down The short term trend has been DOWN since Sep 17th, 2018 at 0.003687

Smart Scan Analysis for KRWBRL

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

+65
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003631 0.003648 0.003611 0.003647 +0.000016
Prev. Close Volume Bid Ask Time
0.003631 0.003644 0.003650 2018-09-24 14:57:06
Want to analyze South Korean Won/Brazilian Real KRWBRL or another symbol? Try our Free Forex Trend Analysis Report.