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Forex Trend Analysis Report

Prepared for you on Wednesday, March 21, 2018.

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.

Open High Low ARSBRL Price Change
0.16356 0.16361 0.16178 0.16179 -0.00177
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 up The intermediate term trend has been UP since Mar 19th, 2018 at 0.16285

short term down The short term trend has been DOWN since Mar 21st, 2018 at 0.16212

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).

Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16356 0.16361 0.16178 0.16179 -0.00177
Prev. Close Volume Bid Ask Time
0.16356 0.16176 0.16182 2018-03-21 16:45:46
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.