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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 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.

Open High Low BRLSEK Price Change
2.32190 2.32480 2.31615 2.31615 -0.00575
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 down The intermediate term trend has been DOWN since Nov 13th, 2018 at 2.38360

short term down The short term trend has been DOWN since Dec 17th, 2018 at 2.31240

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).

Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.32190 2.32480 2.31615 2.31615 -0.00575
Prev. Close Volume Bid Ask Time
2.32190 2.31410 2.31820 2018-12-18 05:19:57
Want to analyze Brazilian Real/Swedish Krona BRLSEK or another symbol? Try our Free Forex Trend Analysis Report.