Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Argentine Peso/British Pound (FOREX:ARSGBP)

Strong Downtrend (-100) - ARSGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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
0.01187837 0.01188590 0.01167229 0.01168079 -0.00019800
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 down The short-term trend has been DOWN since May 18th, 2020 at 0.01209018

Smart Scan Analysis for ARSGBP

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

-100
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01187837 0.01188590 0.01167229 0.01168079 -0.00019800
Prev. Close Volume Bid Ask Time
0.01187837 0.01168010 0.01168148 2020-06-01 13:26:52
Get a free daily analysis and signals for Argentine Peso/British Pound (ARSGBP) - Request Your Free Report.