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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Long-Term Uptrend (+90) - BRLARS is in a strong uptrend that is likely to continue. While BRLARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
73.20282 73.99260 73.15369 73.78610 +0.58328
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long-term trend has been UP since Jan 11th, 2022 at 18.59910

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 69.86720

short term up The short-term trend has been UP since Nov 28th, 2023 at 73.68955

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.20282 73.99260 73.15369 73.78610 +0.58328
Prev. Close Volume Bid Ask Time
73.20282 2023-11-28 15:41:21
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