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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

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, SHORTSYMBOL 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
0.06597017 0.06630031 0.06509891 0.06558090 -0.00038900
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 Nov 5th, 2020 at 0.07131716

short term down The short-term trend has been DOWN since Nov 25th, 2020 at 0.06650359

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
0.06597017 0.06630031 0.06509891 0.06558090 -0.00038900
Prev. Close Volume Bid Ask Time
0.06597017 2020-11-30 17:55:09
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