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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.

FOREX_BRLARS
Open High Low BRLARS Price Change
10.6940 10.9180 10.6700 10.8212 +0.1272
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long term trend has been UP since Dec 27th, 2017 at 5.6021

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 10.2072

short term up The short term trend has been UP since Mar 19th, 2019 at 10.6242

Smart Scan Analysis for BRLARS

Based on a pre-defined weighted trend formula for chart analysis, BRLARS scored +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
10.6940 10.9180 10.6700 10.8212 +0.1272
Prev. Close Volume Bid Ask Time
10.6940 10.8182 10.8242 2019-03-20 21:17:38
Want to analyze Brazilian Real/Argentine Peso BRLARS or another symbol? Try our Free Forex Trend Analysis Report.