Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Argentine Peso/Euro (FOREX:ARSEUR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
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.
MarketClub’s Trade Triangles for ARSEUR
The long term trend has been DOWN since May 16th, 2017 at 0.058235
The intermediate term trend has been UP since Jan 11th, 2019 at 0.023610
The short term trend has been UP since Jan 10th, 2019 at 0.023464
Smart Scan Analysis for ARSEUR
Based on a pre-defined weighted trend formula for chart analysis, ARSEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).