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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Brazilian Real/Swedish Krona (FOREX:BRLSEK)
Strong Downtrend (-100) - BRLSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BRLSEK continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 9th, 2024 at 1.7845680
The short-term trend has been DOWN since Dec 24th, 2024 at 1.7802518
Smart Scan Analysis for BRLSEK
Based on our trend formula, BRLSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6460973 | 1.6504453 | 1.6412533 | 1.6435052 | -0.0025920 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6460973 | 2024-12-26 05:03:23 |