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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
South Korean Won/Brazilian Real (FOREX:KRWBRL)
Crossroads (+60) - KRWBRL 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 KRWBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWBRL.
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 KRWBRL
The long-term trend has been DOWN since Jan 16th, 2024 at 0.00363556
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00377124
The short-term trend has been UP since Apr 16th, 2024 at 0.00374727
Smart Scan Analysis for KRWBRL
Based on our trend formula, KRWBRL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00378526 | 0.00382541 | 0.00377854 | 0.00378192 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00378526 | 2024-04-19 12:39:43 |