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Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Argentine Peso/Brazilian Real (FOREX:ARSBRL)
Strong Uptrend (+100) - ARSBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ARSBRL 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 ARSBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSBRL.
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 ARSBRL
The long-term trend has been UP since Oct 19th, 2021 at 0.05626527
The intermediate-term trend has been UP since Sep 20th, 2021 at 0.05442284
The short-term trend has been UP since Oct 18th, 2021 at 0.05577491
Smart Scan Analysis for ARSBRL
Based on our trend formula, ARSBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05636801 | 0.05714877 | 0.05635607 | 0.05678230 | +0.00041400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05636801 | 2021-10-21 11:57:28 |