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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

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

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.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
210.15828 213.31137 209.45841 212.01067 +1.85239
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term down The long-term trend has been DOWN since Aug 30th, 2019 at 289.76500

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 209.44616

short term up The short-term trend has been UP since Apr 15th, 2021 at 199.38374

Smart Scan Analysis for BRLKRW

Based on our trend formula, BRLKRW is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
210.15828 213.31137 209.45841 212.01067 +1.85239
Prev. Close Volume Bid Ask Time
210.15828 2021-05-06 15:30:52
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