Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
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.
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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 Nov 20th, 2024 at 1.9136029
The short-term trend has been UP since Nov 12th, 2024 at 1.8907430
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9024720 | 1.9176422 | 1.8991601 | 1.9144075 | +0.0119360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9024720 | 2024-11-22 07:37:21 |