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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Brazilian Real/Swedish Krona (FOREX:BRLSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_BRLSEK
Open High Low BRLSEK Price Change
2.35280 2.35850 2.32775 2.34070 -0.01210
Entry Signal

MarketClub’s Trade Triangles for BRLSEK

long term down The long term trend has been DOWN since Apr 26th, 2017 at 2.75175

intermediate term up The intermediate term trend has been UP since Jul 24th, 2018 at 2.35375

short term down The short term trend has been DOWN since Aug 7th, 2018 at 2.36890

Smart Scan Analysis for BRLSEK

Based on a pre-defined weighted trend formula for chart analysis, BRLSEK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.35280 2.35850 2.32775 2.34070 -0.01210
Prev. Close Volume Bid Ask Time
2.35280 2.33860 2.34280 2018-08-17 18:26:59
Want to analyze Brazilian Real/Swedish Krona BRLSEK or another symbol? Try our Free Forex Trend Analysis Report.