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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Argentine Peso/Mexican Peso (FOREX:ARSMXN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.73704 0.73731 0.73695 0.73695 -0.00009
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 down The intermediate term trend has been DOWN since May 3rd, 2018 at 0.889260

short term down The short term trend has been DOWN since Jun 8th, 2018 at 0.805445

Smart Scan Analysis for ARSMXN

Based on a pre-defined weighted trend formula for chart analysis, ARSMXN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ARSMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.73704 0.73731 0.73695 0.73695 -0.00009
Prev. Close Volume Bid Ask Time
0.73704 0.73685 0.73705 2018-06-18 01:31:40
Want to analyze Argentine Peso/Mexican Peso ARSMXN or another symbol? Try our Free Forex Trend Analysis Report.