Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Brazilian Real/Swedish Krona (FOREX:BRLSEK)
Weak Uptrend (+65) - BRLSEK is showing signs of weakening momentum to the upside. Monitor 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 UP since Mar 28th, 2024 at 2.1457062
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2.0876086
The short-term trend has been UP since Apr 23rd, 2024 at 2.1079668
Smart Scan Analysis for BRLSEK
Based on our trend formula, BRLSEK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.1081328 | 2.1197352 | 2.1052136 | 2.1099850 | +0.0018520 |
Prev. Close | Volume | Bid | Ask | Time |
2.1081328 | 2024-04-25 13:25:47 |