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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Strong Downtrend (-100) - ARSBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSBRL continues to fall. Traders should use caution and set stops.

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
0.03789137 0.03819712 0.03779458 0.03803581 +0.00014400
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long-term trend has been DOWN since Jan 11th, 2022 at 0.05377431

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2022 at 0.04138546

short term down The short-term trend has been DOWN since Aug 5th, 2022 at 0.03920887

Smart Scan Analysis for ARSBRL

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

-100
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03789137 0.03819712 0.03779458 0.03803581 +0.00014400
Prev. Close Volume Bid Ask Time
0.03789137 2022-08-16 20:42:57
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