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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.
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MarketClub’s Trade Triangles for BRLARS
The long-term trend has been DOWN since Oct 19th, 2021 at 17.772952
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 18.373300
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).
| 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 |