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Forex Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.202125 0.202645 0.199585 0.199900 -0.002225
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 down The intermediate term trend has been DOWN since Jun 26th, 2017 at 0.202410

short term down The short term trend has been DOWN since Jun 26th, 2017 at 0.205020

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.202125 0.202645 0.199585 0.199900 -0.002225
Prev. Close Volume Bid Ask Time
0.202125 0.199850 0.199950 2017-06-28 23:41:29
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.