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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

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.

FOREX_KRWBRL
Open High Low KRWBRL Price Change
0.002990 0.002995 0.002970 0.002980 -0.000010
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term up The long term trend has been UP since Feb 1st, 2015 at 0.002430

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2018 at 0.003015

short term down The short term trend has been DOWN since Jan 18th, 2018 at 0.003000

Smart Scan Analysis for KRWBRL

Based on a pre-defined weighted trend formula for chart analysis, KRWBRL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.002990 0.002995 0.002970 0.002980 -0.000010
Prev. Close Volume Bid Ask Time
0.002990 0.002980 0.002980 2018-01-22 09:27:35
Want to analyze South Korean Won/Brazilian Real KRWBRL or another symbol? Try our Free Forex Trend Analysis Report.