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Forex Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.183040 0.183795 0.181450 0.183020 -0.000020
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 0.197615

intermediate term up The intermediate term trend has been UP since Aug 14th, 2017 at 0.182980

short term down The short term trend has been DOWN since Aug 18th, 2017 at 0.182660

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.183040 0.183795 0.181450 0.183020 -0.000020
Prev. Close Volume Bid Ask Time
0.183040 0.182300 0.183740 2017-08-18 23:43:40
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.