Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
South Korean Won/Brazilian Real (FOREX:KRWBRL)
Weak Downtrend (-65) - KRWBRL is showing signs of a strengthening downtrend. Monitor KRWBRL as it may be building momentum to the downside.
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 Oct 11th, 2021 at 0.00463345
The intermediate-term trend has been DOWN since Dec 30th, 2021 at 0.00468673
The short-term trend has been DOWN since Jan 19th, 2022 at 0.00460543
Smart Scan Analysis for KRWBRL
Based on our trend formula, KRWBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).