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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
288.19774 289.27182 286.43083 286.62994 -1.56780
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 up The intermediate term trend has been UP since Dec 3rd, 2019 at 282.20773

short term up The short term trend has been UP since Nov 28th, 2019 at 280.51841

Smart Scan Analysis for BRLKRW

Based on a pre-defined weighted trend formula for chart analysis, BRLKRW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
288.19774 289.27182 286.43083 286.62994 -1.56780
Prev. Close Volume Bid Ask Time
288.19774 286.30068 286.95919 2019-12-12 14:17:22
Want to analyze Brazilian Real/South Korean Won BRLKRW or another symbol? Try our Free Forex Trend Analysis Report.