Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Mexican Peso/Argentine Peso (FOREX:MXNARS)
Bull Market Weakness (+75) - MXNARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNARS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXNARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MXNARS
The long-term trend has been UP since Dec 23rd, 2021 at 4.9504625
The intermediate-term trend has been UP since Mar 13th, 2024 at 50.5617750
The short-term trend has been DOWN since Mar 18th, 2024 at 50.7965320
Smart Scan Analysis for MXNARS
Based on our trend formula, MXNARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
50.594369 | 50.665201 | 50.400237 | 50.466112 | -0.128257 |
Prev. Close | Volume | Bid | Ask | Time |
50.594369 | 2024-03-19 06:32:49 |