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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Brazilian Real/Swedish Krona (FOREX:BRLSEK)

Bull Market Weakness (+75) - BRLSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLSEK as it may be in the beginning stages of a reversal.

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.

FOREX_BRLSEK
Open High Low BRLSEK Price Change
1.9512729 2.0158348 1.9504960 2.0158348 +0.0645620
Entry Signal

MarketClub’s Trade Triangles for BRLSEK

long term down The long-term trend has been DOWN since Jul 18th, 2022 at 1.9139064

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 1.9841267

short term up The short-term trend has been UP since Aug 12th, 2022 at 1.9948801

Smart Scan Analysis for BRLSEK

Based on our trend formula, BRLSEK is rated as a +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
1.9512729 2.0158348 1.9504960 2.0158348 +0.0645620
Prev. Close Volume Bid Ask Time
1.9512729 2022-08-12 17:01:45
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