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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

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 BRLARS Price Change
9.52530 9.52765 9.52140 9.52490 -0.00040
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long term trend has been UP since Dec 27th, 2017 at 5.6021

intermediate term down The intermediate term trend has been DOWN since Nov 4th, 2018 at 9.5816

short term up The short term trend has been UP since Nov 14th, 2018 at 9.5621

Smart Scan Analysis for BRLARS

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

Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.52530 9.52765 9.52140 9.52490 -0.00040
Prev. Close Volume Bid Ask Time
9.52530 9.52240 9.52740 2018-11-16 02:08:53
Want to analyze Brazilian Real/Argentine Peso BRLARS or another symbol? Try our Free Forex Trend Analysis Report.