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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Japanese Yen/Argentine Peso (FOREX:JPYARS)
Long-Term Downtrend (-90) - JPYARS is in a strong downtrend that is likely to continue. While JPYARS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYARS
The long-term trend has been DOWN since Apr 28th, 2024 at 5.4901981
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 5.5541352
The short-term trend has been DOWN since Apr 29th, 2024 at 5.4863323
Smart Scan Analysis for JPYARS
Based on our trend formula, JPYARS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.5879620 | 5.5919652 | 5.5470654 | 5.5595109 | -0.0284510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.5879620 | 2024-05-01 14:39:45 |