Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Argentine Peso/British Pound (FOREX:ARSGBP)
Sidelines Mode (+55) - ARSGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 18th, 2020 at 0.01319444
The intermediate-term trend has been UP since Mar 12th, 2020 at 0.01264853
The short-term trend has been DOWN since Mar 26th, 2020 at 0.01310329
Smart Scan Analysis for ARSGBP
Based on our trend formula, ARSGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).