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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Argentine Peso/Brazilian Real (FOREX:ARSBRL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.075416 0.075416 0.075416 0.075416 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term down The long term trend has been DOWN since Dec 27th, 2017 at 0.178540

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2019 at 0.089046

short term up The short term trend has been UP since Aug 20th, 2019 at 0.074320

Smart Scan Analysis for ARSBRL

Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.075416 0.075416 0.075416 0.075416 0.000000
Prev. Close Volume Bid Ask Time
0.075416 0.075317 0.075516 2019-08-25 15:11:12
Want to analyze Argentine Peso/Brazilian Real ARSBRL or another symbol? Try our Free Forex Trend Analysis Report.