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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Japanese Yen/Argentine Peso (FOREX:JPYARS)

Crossroads (-60) - JPYARS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYARS
Open High Low JPYARS Price Change
5.6350427 5.6418647 5.6231043 5.6314214 -0.0036210
Entry Signal

MarketClub’s Trade Triangles for JPYARS

long term up The long-term trend has been UP since Jul 21st, 2022 at 0.9427041

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 5.5541352

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 5.6670075

Smart Scan Analysis for JPYARS

Based on our trend formula, JPYARS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6350427 5.6418647 5.6231043 5.6314214 -0.0036210
Prev. Close Volume Bid Ask Time
5.6350427 2024-04-18 20:40:14
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