Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Argentine Peso/British Pound (FOREX:ARSGBP)

Long-Term Downtrend (-90) - ARSGBP is in a strong downtrend that is likely to continue. While ARSGBP is showing intraday strength, it remains in the confines of a bearish trend. 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
0.00218306 0.00219363 0.00217599 0.00218624 +0.00000300
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 Nov 3rd, 2023 at 0.00231622

short term down The short-term trend has been DOWN since Nov 14th, 2023 at 0.00232674

Smart Scan Analysis for ARSGBP

Based on our trend formula, ARSGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00218306 0.00219363 0.00217599 0.00218624 +0.00000300
Prev. Close Volume Bid Ask Time
0.00218306 2023-12-04 11:49:14
Get a free daily analysis and signals for Argentine Peso/British Pound (ARSGBP) - Request Your Free Report.