Three year long current‐meter arrays were deployed in the Malvinas Current at 41°S below a satellite altimeter track at about 10 years intervals. Surface geostrophic velocities (SGV) derived from satellite altimetric data are compared with the in situ velocities at the upper current meter (∼300 m). Multisatellite gridded SGV compare better with in situ observations than along‐track SGV. In spite of the proximity of the moorings to the complex Brazil‐Malvinas Confluence (BMC) region, satellite SGV are significantly correlated with the 20 day low‐passed in situ velocities (0.85 for along‐isobaths velocities, 0.8 for cross‐isobaths velocities). The recent in situ measurement period (2014–2015) stands out in the altimetry record with a long‐lasting (4 months) high level of eddy kinetic energy at the mooring site and a southernmost location of the Subantarctic Front (SAF). The first two modes of variations of sea level anomaly (SLA) over the BMC remarkably match the first two modes of the low‐passed in situ velocities. The first mode is associated with a latitudinal migration of the SAF, and the second with a longitudinal displacement of the Brazil Current overshoot. The two modes dominate the 24 year long record of SLA in the BMC, with energy peaks at the annual and semiannual periods for the first mode and at 3–5 months for the second mode. The SLA over the Southwest Atlantic was regressed onto the two confluence modes of SLA variations and showed remarkable standing wave train like structures in the Argentine Basin.

Twenty‐five years of high‐resolution (1/12°) ocean reanalysis are used to examine the Confluence of the Malvinas Current (MC) with the Brazil Current (BC) from synoptic to interannual time scales. The model transports of the MC (38.0 Sv ± 7.4 Sv 57 at 41°S) and the BC (23.0 Sv ± 11 Sv at 36°S) agree with observations. The model shows the branching of the MC near the Confluence with an offshore branch returning south and an inner branch sinking below the BC and managing to continue northward along the continental slope. Northward velocities associated with the subsurface inner branch peak at 40 cm/s at 36°S at 700‐m depth. The model documents the migrations of the Subantarctic (SAF) and Subtropical Fronts (STF) at the Confluence. The SAF and STF positions vary over a large range at synoptic (800 km) and interannual scale (300 and 200 km, respectively) compared to the rather small seasonal migrations of the STF (150 km) and SAF (50 km). While trends in the MC are small over the 25 years of the reanalysis, the BC becomes more intense (12.5 cm/s), saltier (0.37 psu), and warmer (2.5°C) in the upper 1,000 m. These trends are accompanied with a southward displacement of the STF and the SAF of 150 and 50 km.