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Forex Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
South Korean Won/Brazilian Real (FOREX:KRWBRL)
Sidelines Mode (-50) - KRWBRL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KRWBRL can gain momentum.
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.
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MarketClub’s Trade Triangles for KRWBRL
The long-term trend has been UP since Jun 4th, 2024 at 0.00384031
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.00407354
The short-term trend has been DOWN since Dec 3rd, 2024 at 0.00426133
Smart Scan Analysis for KRWBRL
Based on our trend formula, KRWBRL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00424596 | 0.00425009 | 0.00424042 | 0.00424140 | -0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00424596 | 2024-12-09 01:30:44 |