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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Brazilian Real/Argentine Peso (FOREX:BRLARS)
Strong Uptrend (+100) - BRLARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Aug 19th, 2024 at 174.9107
The intermediate-term trend has been UP since Nov 7th, 2024 at 175.9828
The short-term trend has been UP since Nov 18th, 2024 at 173.4534
Smart Scan Analysis for BRLARS
Based on our trend formula, BRLARS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 173.48308 | 173.62310 | 173.41298 | 173.52330 | +0.04022 |
| Prev. Close | Volume | Bid | Ask | Time |
| 173.48308 | 2024-11-20 03:32:04 |