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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Long-Term Uptrend (+90) - KRWBRL is in a strong uptrend that is likely to continue. While KRWBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_KRWBRL
Open High Low KRWBRL Price Change
0.00499060 0.00500846 0.00496634 0.00496634 -0.00002400
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term up The long-term trend has been UP since Aug 30th, 2019 at 0.00345400

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2020 at 0.00477509

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.00495095

Smart Scan Analysis for KRWBRL

Based on our trend formula, KRWBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00499060 0.00500846 0.00496634 0.00496634 -0.00002400
Prev. Close Volume Bid Ask Time
0.00499060 2021-03-01 11:20:51
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