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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Brazilian Real/South Korean Won (FOREX:BRLKRW)
Long-Term Uptrend (+90) - BRLKRW is in a strong uptrend that is likely to continue. While BRLKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jan 30th, 2025 at 248.15232
The intermediate-term trend has been UP since Jan 7th, 2025 at 239.54952
The short-term trend has been UP since Jan 28th, 2025 at 246.13219
Smart Scan Analysis for BRLKRW
Based on our trend formula, BRLKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 251.54857 | 251.90149 | 251.32272 | 251.90149 | +0.35292 |
| Prev. Close | Volume | Bid | Ask | Time |
| 251.54857 | 2025-02-05 00:44:21 |