Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
Crossroads (-60) - ARSJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 28th, 2022 at 1.1298082
The intermediate-term trend has been DOWN since Jul 5th, 2022 at 1.0725527
The short-term trend has been DOWN since Jun 30th, 2022 at 1.0830149
Smart Scan Analysis for ARSJPY
Based on our trend formula, ARSJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).