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Forex Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Strong Uptrend (+100) - BRLARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLARS 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 BRLARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLARS
Open High Low BRLARS Price Change
173.80329 173.80329 172.79827 173.80329 0.00000
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long-term trend has been UP since Jan 11th, 2022 at 18.59910

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 172.95930

short term up The short-term trend has been UP since May 15th, 2024 at 172.72765

Smart Scan Analysis for BRLARS

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

+100
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.80329 173.80329 172.79827 173.80329 0.00000
Prev. Close Volume Bid Ask Time
173.80329 2024-05-18 09:42:44
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