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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Brazilian Real/Swedish Krona (FOREX:BRLSEK)
Crossroads (-60) - BRLSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since May 28th, 2024 at 2.0397015
The intermediate-term trend has been UP since Jul 16th, 2024 at 1.9604143
The short-term trend has been UP since Jul 22nd, 2024 at 1.9297954
Smart Scan Analysis for BRLSEK
Based on our trend formula, BRLSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9147067 | 1.9222815 | 1.9082196 | 1.9128000 | -0.0019070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9147067 | 2024-07-26 10:47:00 |