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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Argentine Peso/British Pound (FOREX:ARSGBP)

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.

FOREX_ARSGBP
Open High Low ARSGBP Price Change
0.021129 0.021248 0.020865 0.020993 -0.000136
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long term trend has been DOWN since May 9th, 2017 at 0.049740

intermediate term up The intermediate term trend has been UP since Oct 11th, 2018 at 0.020657

short term up The short term trend has been UP since Oct 17th, 2018 at 0.021135

Smart Scan Analysis for ARSGBP

Based on a pre-defined weighted trend formula for chart analysis, ARSGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021129 0.021248 0.020865 0.020993 -0.000136
Prev. Close Volume Bid Ask Time
0.021129 0.020991 0.020996 2018-10-17 14:41:58
Want to analyze Argentine Peso/British Pound ARSGBP or another symbol? Try our Free Forex Trend Analysis Report.