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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Sidelines Mode (+55) - ARSBRL 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 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.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.06279092 0.06324892 0.06264063 0.06303538 +0.00024400
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long-term trend has been DOWN since Jun 8th, 2020 at 0.07149291

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 0.06244234

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.06165714

Smart Scan Analysis for ARSBRL

Based on our trend formula, ARSBRL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06279092 0.06324892 0.06264063 0.06303538 +0.00024400
Prev. Close Volume Bid Ask Time
0.06279092 2021-03-05 19:11:47
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