Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Countertrend Down (-85) - BRLARS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
17.899438 17.921200 17.841000 17.857362 -0.042076
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 17.772952

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 18.373300

short term up The short-term trend has been UP since Oct 25th, 2021 at 17.746700

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.899438 17.921200 17.841000 17.857362 -0.042076
Prev. Close Volume Bid Ask Time
17.899438 2021-10-26 08:52:27
Get a free daily analysis and signals for Brazilian Real/Argentine Peso (BRLARS) - Request Your Free Report.