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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Brazilian Real/Swedish Krona (FOREX:BRLSEK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
2.42750 2.44335 2.41485 2.41745 -0.01005
Entry Signal

MarketClub’s Trade Triangles for BRLSEK

long term up The long term trend has been UP since Oct 8th, 2018 at 2.41935

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 2.23100

short term up The short term trend has been UP since Oct 17th, 2018 at 2.40815

Smart Scan Analysis for BRLSEK

Based on a pre-defined weighted trend formula for chart analysis, BRLSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.42750 2.44335 2.41485 2.41745 -0.01005
Prev. Close Volume Bid Ask Time
2.42750 2.41520 2.41970 2018-10-19 18:32:48
Want to analyze Brazilian Real/Swedish Krona BRLSEK or another symbol? Try our Free Forex Trend Analysis Report.