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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2025.

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
173.34120 173.45383 172.37180 173.20500 -0.13620
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 160.23870

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 169.77375

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 169.33203

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
173.34120 173.45383 172.37180 173.20500 -0.13620
Prev. Close Volume Bid Ask Time
173.34120 2025-01-21 11:29:25
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