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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Sidelines Mode (-55) - BRLARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
12.698957 12.702500 12.692000 12.702428 +0.003471
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 13.972300

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2020 at 14.555497

short term up The short-term trend has been UP since Apr 6th, 2020 at 12.347071

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.698957 12.702500 12.692000 12.702428 +0.003471
Prev. Close Volume Bid Ask Time
12.698957 12.701619 12.703237 2020-04-09 07:42:25
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