Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, May 22, 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
0.21049 0.21049 0.20182 0.20193 -0.00856
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term up The long term trend has been UP since Apr 11th, 2017 at 0.206875

intermediate term up The intermediate term trend has been UP since May 18th, 2017 at 0.208300

short term up The short term trend has been UP since May 18th, 2017 at 0.203330

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21049 0.21049 0.20182 0.20193 -0.00856
Prev. Close Volume Bid Ask Time
0.21049 0.20188 0.20198 2017-05-22 21:01:02
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.