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Forex Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

Brazilian Real/Swedish Krona (FOREX:BRLSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
2.50250 2.52405 2.50140 2.51915 +0.01665
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 Feb 23rd, 2018 at 2.50860

short term up The short term trend has been UP since Feb 20th, 2018 at 2.47640

Smart Scan Analysis for BRLSEK

Based on a pre-defined weighted trend formula for chart analysis, BRLSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.50250 2.52405 2.50140 2.51915 +0.01665
Prev. Close Volume Bid Ask Time
2.50250 2.51660 2.52170 2018-02-23 14:07:00
Want to analyze Brazilian Real/Swedish Krona BRLSEK or another symbol? Try our Free Forex Trend Analysis Report.