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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Bull Market Weakness (+75) - BRLARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLARS as it may be in the beginning stages of a reversal.

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
16.58660 16.59220 16.28203 16.34180 -0.24480
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long-term trend has been UP since Jun 8th, 2020 at 13.992900

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 16.503700

short term up The short-term trend has been UP since Feb 24th, 2021 at 16.571446

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.58660 16.59220 16.28203 16.34180 -0.24480
Prev. Close Volume Bid Ask Time
16.58660 2021-02-25 12:14:00
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