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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.130950 0.131050 0.130950 0.131025 +0.000075
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long term trend has been DOWN since Dec 27th, 2017 at 0.17854

intermediate term down The intermediate term trend has been DOWN since Aug 10th, 2018 at 0.13467

short term down The short term trend has been DOWN since Aug 10th, 2018 at 0.13506

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.130950 0.131050 0.130950 0.131025 +0.000075
Prev. Close Volume Bid Ask Time
0.130950 0.131010 0.131040 2018-08-20 03:24:17
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.