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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for BRLARS
The long-term trend has been DOWN since Jun 28th, 2024 at 162.98798
The intermediate-term trend has been UP since Jul 9th, 2024 at 169.06910
The short-term trend has been DOWN since Jul 18th, 2024 at 167.82980
Smart Scan Analysis for BRLARS
Based on our trend formula, BRLARS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 164.66410 | 165.44303 | 163.79130 | 164.66311 | -0.00099 |
| Prev. Close | Volume | Bid | Ask | Time |
| 164.66410 | 2024-07-26 19:56:23 |