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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Brazilian Real/Swedish Krona (FOREX:BRLSEK)
Long-Term Uptrend (+90) - BRLSEK is in a strong uptrend that is likely to continue. While BRLSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BRLSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BRLSEK
The long-term trend has been UP since Mar 28th, 2024 at 2.1457062
The intermediate-term trend has been UP since Apr 26th, 2024 at 2.1383650
The short-term trend has been UP since Apr 23rd, 2024 at 2.1079668
Smart Scan Analysis for BRLSEK
Based on our trend formula, BRLSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1092216 | 2.1408773 | 2.1033235 | 2.1376694 | +0.0284480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1092216 | 2024-04-26 15:44:33 |