Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
Bear Market Rally (-75) - ARSJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSJPY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ARSJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSJPY
The long-term trend has been DOWN since Dec 26th, 2017 at 6.2448000
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 1.8029782
The short-term trend has been UP since Apr 5th, 2020 at 1.6825045
Smart Scan Analysis for ARSJPY
Based on our trend formula, ARSJPY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).