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Forex Trend Analysis Report

Prepared for you on Tuesday, September 21, 2021.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Weak Downtrend (-65) - BRLARS is showing signs of a strengthening downtrend. Monitor BRLARS as it may be building momentum to the downside.

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
18.479077 18.480400 18.469100 18.475100 -0.003977
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long-term trend has been UP since Jun 8th, 2020 at 13.9929

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 18.3733

short term down The short-term trend has been DOWN since Sep 17th, 2021 at 18.6166

Smart Scan Analysis for BRLARS

Based on our trend formula, BRLARS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.479077 18.480400 18.469100 18.475100 -0.003977
Prev. Close Volume Bid Ask Time
18.479077 2021-09-21 07:30:29
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