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.
MarketClub’s Trade Triangles for KRWBRL
The long-term trend has been UP since Aug 30th, 2019 at 0.00345400
The intermediate-term trend has been UP since Aug 6th, 2020 at 0.00451857
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).