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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

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.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.00597285 0.00600484 0.00595111 0.00596354 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long-term trend has been DOWN since Aug 19th, 2024 at 0.00571969

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 0.00568265

short term up The short-term trend has been UP since Nov 27th, 2024 at 0.00583742

Smart Scan Analysis for ARSBRL

Based on our trend formula, ARSBRL is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00597285 0.00600484 0.00595111 0.00596354 -0.00000900
Prev. Close Volume Bid Ask Time
0.00597285 2024-12-04 12:48:28
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