Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
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.
MarketClub’s Trade Triangles for BRLARS
The long-term trend has been UP since Jun 8th, 2020 at 13.992900
The intermediate-term trend has been UP since Nov 5th, 2020 at 14.022200
The short-term trend has been UP since Nov 25th, 2020 at 15.036788
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).