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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Strong Downtrend (-100) - BRLKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BRLKRW continues to fall. Traders should use caution and set stops.

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
247.01298 247.38251 243.48764 243.59827 -3.41471
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 243.98211

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 255.43778

short term down The short-term trend has been DOWN since Jul 1st, 2022 at 244.64681

Smart Scan Analysis for BRLKRW

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

-100
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
247.01298 247.38251 243.48764 243.59827 -3.41471
Prev. Close Volume Bid Ask Time
247.01298 2022-07-01 17:22:22
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