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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Argentine Peso/Japanese Yen (FOREX:ARSJPY)

Sidelines Mode (+55) - ARSJPY 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 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.

FOREX_ARSJPY
Open High Low ARSJPY Price Change
0.17618884 0.17639153 0.17618614 0.17634829 +0.00015900
Entry Signal

MarketClub’s Trade Triangles for ARSJPY

long term down The long-term trend has been DOWN since Jul 21st, 2022 at 1.06077820

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.18004603

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 0.17615659

Smart Scan Analysis for ARSJPY

Based on our trend formula, ARSJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17618884 0.17639153 0.17618614 0.17634829 +0.00015900
Prev. Close Volume Bid Ask Time
0.17618884 2024-03-29 02:58:26
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