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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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.

FOREX_ARSGBP
Open High Low ARSGBP Price Change
0.00078806 0.00078988 0.00078798 0.00078835 0.00000000
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 up The intermediate-term trend has been UP since Nov 13th, 2024 at 0.00078761

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.00078888

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).

-55
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00078806 0.00078988 0.00078798 0.00078835 0.00000000
Prev. Close Volume Bid Ask Time
0.00078806 2024-11-21 06:34:43
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