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.
MarketClub’s Trade Triangles for ARSBRL
The long-term trend has been DOWN since Jun 8th, 2020 at 0.07149291
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.07131716
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).