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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Brazilian Real/Swedish Krona (FOREX:BRLSEK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low BRLSEK Price Change
2.4987 2.5123 2.4959 2.5123 +0.0136
Entry Signal

MarketClub’s Trade Triangles for BRLSEK

long term up The long term trend has been UP since Oct 8th, 2018 at 2.41935

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2019 at 2.37405

short term up The short term trend has been UP since Feb 15th, 2019 at 2.49880

Smart Scan Analysis for BRLSEK

Based on a pre-defined weighted trend formula for chart analysis, BRLSEK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4987 2.5123 2.4959 2.5123 +0.0136
Prev. Close Volume Bid Ask Time
2.4987 2.5099 2.5147 2019-02-15 18:24:49
Want to analyze Brazilian Real/Swedish Krona BRLSEK or another symbol? Try our Free Forex Trend Analysis Report.