Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Argentine Peso/British Pound (FOREX:ARSGBP)
Countertrend Down (-85) - ARSGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ARSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSGBP
The long-term trend has been DOWN since Apr 14th, 2020 at 0.01213382
The intermediate-term trend has been DOWN since May 26th, 2020 at 0.01192973
The short-term trend has been UP since Feb 26th, 2021 at 0.00798587
Smart Scan Analysis for ARSGBP
Based on our trend formula, ARSGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).