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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Argentine Peso/Chilean Peso (FOREX:ARSCLP)

Strong Downtrend (-100) - ARSCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSCLP continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_ARSCLP
Open High Low ARSCLP Price Change
1.0047485 1.0047485 1.0047485 1.0047485 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ARSCLP

long term down The long-term trend has been DOWN since Aug 26th, 2022 at 6.7274790

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2024 at 1.1462496

short term down The short-term trend has been DOWN since May 3rd, 2024 at 1.0850216

Smart Scan Analysis for ARSCLP

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

-100
Smart Scan Analysis for ARSCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0047485 1.0047485 1.0047485 1.0047485 0.0000000
Prev. Close Volume Bid Ask Time
1.0047485 2024-05-20 21:01:09
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