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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Argentine Peso/Brazilian Real (FOREX:ARSBRL)
Bear Market Rally (-75) - ARSBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSBRL as it may be in the beginning of a reversal.
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 UP since Apr 12th, 2024 at 0.00593683
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.00595271
Smart Scan Analysis for ARSBRL
Based on our trend formula, ARSBRL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00589223 | 0.00591168 | 0.00585393 | 0.00586828 | -0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00589223 | 2024-04-26 09:35:31 |