Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
Strong Downtrend (-100) - ARSJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSJPY continues to fall. Traders should use caution and set stops.
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 Jul 21st, 2022 at 1.06077820
The intermediate-term trend has been DOWN since Nov 17th, 2023 at 0.42514524
The short-term trend has been DOWN since Nov 14th, 2023 at 0.43236037
Smart Scan Analysis for ARSJPY
Based on our trend formula, ARSJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).