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