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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.

FOREX_BRLKRW
Open High Low BRLKRW Price Change
240.82896 241.50087 239.70606 239.94628 -0.88268
Entry Signal

MarketClub’s Trade Triangles for BRLKRW

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 262.37103

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2025 at 239.54952

short term up 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).

+60
Smart Scan Analysis for BRLKRW
Strong Downtrend Sideways 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
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