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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Brazilian Real/Swedish Krona (FOREX:BRLSEK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_BRLSEK
Open High Low BRLSEK Price Change
2.5813 2.5813 2.5813 2.5813 0.0000
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 Nov 7th, 2017 at 2.58685

short term up The short term trend has been UP since Nov 17th, 2017 at 2.57840

Smart Scan Analysis for BRLSEK

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

+60
Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5813 2.5813 2.5813 2.5813 0.0000
Prev. Close Volume Bid Ask Time
2.5813 2.5786 2.5840 2017-11-23 00:35:04
Want to analyze Brazilian Real/Swedish Krona BRLSEK or another symbol? Try our Free Forex Trend Analysis Report.