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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swedish Krona/Brazilian Real (FOREX:SEKBRL)
Strong Downtrend (-100) - SEKBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKBRL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKBRL.
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 SEKBRL
The long-term trend has been DOWN since Mar 28th, 2024 at 0.46635576
The intermediate-term trend has been DOWN since Apr 26th, 2024 at 0.46725601
The short-term trend has been DOWN since May 7th, 2024 at 0.46798625
Smart Scan Analysis for SEKBRL
Based on our trend formula, SEKBRL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.46617936 | 0.46617936 | 0.46560779 | 0.46569571 | -0.00048400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.46617936 | 2024-05-09 04:42:20 |