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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.
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MarketClub’s Trade Triangles for BRLKRW
The long-term trend has been DOWN since Jul 1st, 2022 at 243.98211
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 255.43778
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).
| 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 |