Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
Argentine Peso/Brazilian Real (FOREX:ARSBRL)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for ARSBRL
The long term trend has been DOWN since Dec 27th, 2017 at 0.178540
The intermediate term trend has been DOWN since Jul 15th, 2019 at 0.089046
The short term trend has been DOWN since Sep 17th, 2019 at 0.072115
Smart Scan Analysis for ARSBRL
Based on a pre-defined weighted trend formula for chart analysis, ARSBRL scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.072179 | 0.072230 | 0.072161 | 0.072229 | +0.000050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.072179 | 0.072224 | 0.072234 | 2019-09-18 08:15:10 |