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.
MarketClub’s Trade Triangles for ARSBRL
The long-term trend has been DOWN since Jun 8th, 2020 at 0.07149291
The intermediate-term trend has been DOWN since Feb 3rd, 2021 at 0.06062450
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).