Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
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 Aug 30th, 2019 at 0.00345400
The intermediate-term trend has been DOWN since May 24th, 2020 at 0.00444457
The short-term trend has been DOWN since Jun 2nd, 2020 at 0.00432169
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).