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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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, ARSGBP 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.

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FOREX_ARSGBP
Open High Low ARSGBP Price Change
0.00390298 0.00391047 0.00389567 0.00389695 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long-term trend has been DOWN since Oct 13th, 2022 at 0.00585869

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2022 at 0.00585869

short term down The short-term trend has been DOWN since Mar 7th, 2023 at 0.00416372

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
0.00390298 0.00391047 0.00389567 0.00389695 -0.00000600
Prev. Close Volume Bid Ask Time
0.00390298 2023-03-29 06:29:57
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