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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Long-Term Uptrend (+90) - KRWBRL is in a strong uptrend that is likely to continue. While KRWBRL 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 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
0.00431714 0.00436861 0.00428806 0.00430227 -0.00001500
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 Jan 10th, 2020 at 0.00353982

short term up The short-term trend has been UP since Mar 24th, 2020 at 0.00411541

Smart Scan Analysis for KRWBRL

Based on our trend formula, KRWBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00431714 0.00436861 0.00428806 0.00430227 -0.00001500
Prev. Close Volume Bid Ask Time
0.00431714 0.00429873 0.00430581 2020-04-07 16:47:21
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