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.
MarketClub’s Trade Triangles for KRWBRL
The long-term trend has been UP since Aug 30th, 2019 at 0.00345400
The intermediate-term trend has been UP since Jan 10th, 2020 at 0.00353982
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).