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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.

FOREX_ARSBRL
Open High Low ARSBRL Price Change
0.05636801 0.05714877 0.05635607 0.05678230 +0.00041400
Entry Signal

MarketClub’s Trade Triangles for ARSBRL

long term up The long-term trend has been UP since Oct 19th, 2021 at 0.05626527

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 0.05442284

short term up 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).

+100
Smart Scan Analysis for ARSBRL
Strong Downtrend Sideways 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
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