Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Argentine Peso/Mexican Peso (FOREX:ARSMXN)

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_ARSMXN
Open High Low ARSMXN Price Change
0.527415 0.527415 0.527415 0.527415 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSMXN

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 1.026100

intermediate term up The intermediate term trend has been UP since Oct 9th, 2018 at 0.510195

short term up The short term trend has been UP since Oct 17th, 2018 at 0.522955

Smart Scan Analysis for ARSMXN

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

+60
Smart Scan Analysis for ARSMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.527415 0.527415 0.527415 0.527415 0.000000
Prev. Close Volume Bid Ask Time
0.527415 0.527360 0.527470 2018-10-20 08:24:16
Want to analyze Argentine Peso/Mexican Peso ARSMXN or another symbol? Try our Free Forex Trend Analysis Report.