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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Countertrend Up (+85) - ARSBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.05586768 0.05588043 0.05585557 0.05587958 +0.00001200
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term up The long-term trend has been UP since Oct 19th, 2021 at 0.05626527

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 0.05442284

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 0.05635607

Smart Scan Analysis for ARSBRL

Based on our trend formula, ARSBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05586768 0.05588043 0.05585557 0.05587958 +0.00001200
Prev. Close Volume Bid Ask Time
0.05586768 2021-10-26 07:15:24
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