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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Bull Market Weakness (+75) - BRLKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLKRW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BRLKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
253.89378 258.08654 253.89378 258.00787 +4.11409
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term up The long-term trend has been UP since Mar 8th, 2023 at 255.06366

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 248.81218

short term up The short-term trend has been UP since Mar 27th, 2023 at 249.83161

Smart Scan Analysis for BRLKRW

Based on our trend formula, BRLKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
253.89378 258.08654 253.89378 258.00787 +4.11409
Prev. Close Volume Bid Ask Time
253.89378 2023-03-31 17:17:43
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