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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Weak Downtrend (-65) - BRLARS is showing signs of a strengthening downtrend. Monitor BRLARS as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BRLARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLARS
Open High Low BRLARS Price Change
166.05793 166.05793 166.05793 166.05793 0.00000
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long-term trend has been UP since Jan 11th, 2022 at 18.5991

intermediate term down The intermediate-term trend has been DOWN since May 31st, 2024 at 170.4667

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 168.0114

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.05793 166.05793 166.05793 166.05793 0.00000
Prev. Close Volume Bid Ask Time
166.05793 2024-06-22 00:13:58
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