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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Swedish Krona/Brazilian Real (FOREX:SEKBRL)

Strong Uptrend (+100) - SEKBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SEKBRL 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 SEKBRL?

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

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

FOREX_SEKBRL
Open High Low SEKBRL Price Change
0.66644294 0.66879477 0.66355055 0.66690181 +0.00045900
Entry Signal

MarketClub’s Trade Triangles for SEKBRL

long term up The long-term trend has been UP since Dec 16th, 2020 at 0.61118682

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2020 at 0.61118682

short term up The short-term trend has been UP since Feb 18th, 2021 at 0.65143100

Smart Scan Analysis for SEKBRL

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

+100
Smart Scan Analysis for SEKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66644294 0.66879477 0.66355055 0.66690181 +0.00045900
Prev. Close Volume Bid Ask Time
0.66644294 2021-03-05 16:59:37
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