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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Brazilian Real/Norwegian Krone (FOREX:BRLNOK)

Sidelines Mode (-55) - BRLNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.8427907 1.8455937 1.8269086 1.8321794 -0.0106110
Entry Signal

MarketClub’s Trade Triangles for BRLNOK

long term down The long-term trend has been DOWN since Apr 21st, 2025 at 1.7747962

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2025 at 1.9118348

short term up The short-term trend has been UP since May 8th, 2025 at 1.8436213

Smart Scan Analysis for BRLNOK

Based on our trend formula, BRLNOK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BRLNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8427907 1.8455937 1.8269086 1.8321794 -0.0106110
Prev. Close Volume Bid Ask Time
1.8427907 2025-05-09 07:19:48
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