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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.19032 0.19032 0.19032 0.19032 0.00000
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term up The long term trend has been UP since Nov 3rd, 2017 at 0.187430

intermediate term up The intermediate term trend has been UP since Oct 17th, 2017 at 0.183180

short term down The short term trend has been DOWN since Dec 15th, 2017 at 0.189985

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19032 0.19032 0.19032 0.19032 0.00000
Prev. Close Volume Bid Ask Time
0.19032 0.18958 0.19106 2017-12-16 13:50:27
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.