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Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Argentine Peso/British Pound (FOREX:ARSGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
0.021001 0.021081 0.021001 0.021063 +0.000062
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 down The intermediate term trend has been DOWN since Nov 23rd, 2018 at 0.021127

short term down The short term trend has been DOWN since Dec 5th, 2018 at 0.020667

Smart Scan Analysis for ARSGBP

Based on a pre-defined weighted trend formula for chart analysis, ARSGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021001 0.021081 0.021001 0.021063 +0.000062
Prev. Close Volume Bid Ask Time
0.021001 0.021061 0.021066 2018-12-09 23:39:44
Want to analyze Argentine Peso/British Pound ARSGBP or another symbol? Try our Free Forex Trend Analysis Report.