Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Brazilian Real/Norwegian Krone (FOREX:BRLNOK)

Strong Uptrend (+100) - BRLNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid BRLNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLNOK
Open High Low BRLNOK Price Change
1.6396529 1.6409088 1.6395133 1.6409088 +0.0012560
Entry Signal

MarketClub’s Trade Triangles for BRLNOK

long term up The long-term trend has been UP since Jan 21st, 2022 at 1.6344756

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2022 at 1.5936108

short term up The short-term trend has been UP since Jan 7th, 2022 at 1.5696167

Smart Scan Analysis for BRLNOK

Based on our trend formula, BRLNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for BRLNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6396529 1.6409088 1.6395133 1.6409088 +0.0012560
Prev. Close Volume Bid Ask Time
1.6396529 2022-01-26 00:36:02
Get a free daily analysis and signals for Brazilian Real/Norwegian Krone (BRLNOK) - Request Your Free Report.