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.
MarketClub’s Trade Triangles for BRLARS
The long-term trend has been UP since Jun 8th, 2020 at 13.9929
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 18.3733
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).