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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Bear Market Rally (-75) - KRWBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWBRL as it may be in the beginning of a reversal.

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
0.00387556 0.00387556 0.00387556 0.00387556 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 0.00392009

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.00402008

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 0.00402466

Smart Scan Analysis for KRWBRL

Based on our trend formula, KRWBRL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00387556 0.00387556 0.00387556 0.00387556 0.00000000
Prev. Close Volume Bid Ask Time
0.00387556 2023-04-01 23:32:00
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