Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

South Korean Won/Brazilian Real (FOREX:KRWBRL)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_KRWBRL
Open High Low KRWBRL Price Change
0.003352 0.003359 0.003334 0.003350 -0.000002
Entry Signal

MarketClub’s Trade Triangles for KRWBRL

long term down The long term trend has been DOWN since Oct 8th, 2018 at 0.003280

intermediate term up The intermediate term trend has been UP since Feb 25th, 2019 at 0.003365

short term up The short term trend has been UP since Mar 15th, 2019 at 0.003405

Smart Scan Analysis for KRWBRL

Based on a pre-defined weighted trend formula for chart analysis, KRWBRL scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for KRWBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003352 0.003359 0.003334 0.003350 -0.000002
Prev. Close Volume Bid Ask Time
0.003352 0.003347 0.003353 2019-03-19 22:50:17
Want to analyze South Korean Won/Brazilian Real KRWBRL or another symbol? Try our Free Forex Trend Analysis Report.