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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Bull Market Weakness (+75) - BRLARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLARS as it may be in the beginning stages of a reversal.

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
26.233488 26.245220 26.194738 26.198842 -0.034646
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long-term trend has been UP since Jan 11th, 2022 at 18.599100

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2022 at 24.163074

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 26.177161

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.233488 26.245220 26.194738 26.198842 -0.034646
Prev. Close Volume Bid Ask Time
26.233488 2022-08-18 07:51:38
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