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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Argentine Peso/Brazilian Real (FOREX:ARSBRL)
Weak Uptrend (+65) - ARSBRL is showing signs of weakening momentum to the upside. Monitor ARSBRL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ARSBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARSBRL
The long-term trend has been UP since Jun 28th, 2024 at 0.00613542
The intermediate-term trend has been DOWN since Jul 9th, 2024 at 0.00591503
The short-term trend has been UP since Jul 18th, 2024 at 0.00595693
Smart Scan Analysis for ARSBRL
Based on our trend formula, ARSBRL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00608273 | 0.00608705 | 0.00604438 | 0.00607301 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00608273 | 2024-07-26 20:05:52 |