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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low ARSBRL Price Change
0.202945 0.205015 0.201755 0.203415 +0.000470
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 Mar 31st, 2017 at 0.205635

short term down The short term trend has been DOWN since Apr 18th, 2017 at 0.205695

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.202945 0.205015 0.201755 0.203415 +0.000470
Prev. Close Volume Bid Ask Time
0.202945 0.203360 0.203470 2017-04-24 16:59:56
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.