Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Argentine Peso/Brazilian Real (FOREX:ARSBRL)
Strong Downtrend (-100) - ARSBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ARSBRL
The long-term trend has been DOWN since Jun 8th, 2020 at 0.07149291
The intermediate-term trend has been DOWN since Mar 18th, 2021 at 0.06025979
The short-term trend has been DOWN since Apr 15th, 2021 at 0.06083195
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).