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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.

FOREX_ARSGBP
Open High Low ARSGBP Price Change
0.00798762 0.00802120 0.00796465 0.00797613 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 0.01213382

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2020 at 0.01192973

short term up 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).

-85
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00798762 0.00802120 0.00796465 0.00797613 -0.00001100
Prev. Close Volume Bid Ask Time
0.00798762 2021-02-26 11:52:46
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