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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.

FOREX_BRLSEK
Open High Low BRLSEK Price Change
2.1081328 2.1197352 2.1052136 2.1099850 +0.0018520
Entry Signal

MarketClub’s Trade Triangles for BRLSEK

long term up The long-term trend has been UP since Mar 28th, 2024 at 2.1457062

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2.0876086

short term up 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).

+65
Smart Scan Analysis for BRLSEK
Strong Downtrend Sideways 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
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