Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Brazilian Real/South Korean Won (FOREX:BRLKRW)
Crossroads (+60) - BRLKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BRLKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BRLKRW
The long-term trend has been DOWN since Oct 6th, 2021 at 216.27567
The intermediate-term trend has been UP since Dec 30th, 2021 at 213.33216
The short-term trend has been UP since Jan 7th, 2022 at 212.29307
Smart Scan Analysis for BRLKRW
Based on our trend formula, BRLKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 215.57859 | 216.27710 | 213.85551 | 214.17170 | -1.40689 |
| Prev. Close | Volume | Bid | Ask | Time |
| 215.57859 | 2022-01-18 21:11:36 |