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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Weak Downtrend (-65) - ARSBRL is showing signs of a strengthening downtrend. Monitor ARSBRL as it may be building momentum to the downside.

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.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.06028540 0.06141743 0.06027996 0.06131369 +0.00102800
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long-term trend has been DOWN since Jun 8th, 2020 at 0.07149291

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2021 at 0.06062450

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.06034480

Smart Scan Analysis for ARSBRL

Based on our trend formula, ARSBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06028540 0.06141743 0.06027996 0.06131369 +0.00102800
Prev. Close Volume Bid Ask Time
0.06028540 2021-02-25 11:27:20
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