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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.
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MarketClub’s Trade Triangles for ARSBRL
The long-term trend has been DOWN since Jan 11th, 2022 at 0.05377431
The intermediate-term trend has been DOWN since Jul 11th, 2022 at 0.04138546
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).
| 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 |