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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South Korean Won/Brazilian Real (FOREX:KRWBRL)
Strong Uptrend (+100) - KRWBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KRWBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for KRWBRL
The long-term trend has been UP since Jun 4th, 2024 at 0.00384031
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00377124
The short-term trend has been UP since Jul 17th, 2024 at 0.00395851
Smart Scan Analysis for KRWBRL
Based on our trend formula, KRWBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00407298 | 0.00409453 | 0.00405999 | 0.00408422 | +0.00001100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00407298 | 2024-07-26 20:36:02 |