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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

Brazilian Real/South Korean Won (FOREX:BRLKRW)

Sidelines Mode (+55) - BRLKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
207.22570 208.72896 205.61648 208.20084 +0.97514
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 Nov 6th, 2020 at 208.14050

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 205.72124

Smart Scan Analysis for BRLKRW

Based on our trend formula, BRLKRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
207.22570 208.72896 205.61648 208.20084 +0.97514
Prev. Close Volume Bid Ask Time
207.22570 2020-11-30 18:56:19
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