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Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
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.
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MarketClub’s Trade Triangles for BRLKRW
The long-term trend has been DOWN since Mar 11th, 2024 at 262.37103
The intermediate-term trend has been UP since Jan 7th, 2025 at 239.54952
The short-term trend has been UP since Jan 14th, 2025 at 242.90677
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 |
|---|---|---|---|---|
| 240.82896 | 241.50087 | 239.70606 | 239.94628 | -0.88268 |
| Prev. Close | Volume | Bid | Ask | Time |
| 239.82551 | 2025-01-17 16:54:29 |