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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Countertrend Up (+85) - KRWBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_KRWBRL
Open High Low KRWBRL Price Change
0.00452768 0.00456140 0.00451910 0.00454532 +0.00001800
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term up The long-term trend has been UP since Aug 30th, 2019 at 0.00345400

intermediate term up The intermediate-term trend has been UP since Aug 6th, 2020 at 0.00451857

short term down The short-term trend has been DOWN since Aug 13th, 2020 at 0.00451859

Smart Scan Analysis for KRWBRL

Based on our trend formula, KRWBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00452768 0.00456140 0.00451910 0.00454532 +0.00001800
Prev. Close Volume Bid Ask Time
0.00452768 0.00454046 0.00455017 2020-08-14 11:20:28
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