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.
MarketClub’s Trade Triangles for KRWBRL
The long-term trend has been UP since Jul 1st, 2022 at 0.00410447
The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.00401842
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).