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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Weak Downtrend (-65) - KRWBRL is showing signs of a strengthening downtrend. Monitor KRWBRL as it may be building momentum to the downside.

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
0.00388906 0.00391991 0.00386154 0.00388056 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term up The long-term trend has been UP since Jul 1st, 2022 at 0.00410447

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.00401842

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.00388513

Smart Scan Analysis for KRWBRL

Based on our trend formula, KRWBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00388906 0.00391991 0.00386154 0.00388056 -0.00000900
Prev. Close Volume Bid Ask Time
0.00388906 2022-08-15 17:39:42
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