Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
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, SHORTSYMBOL 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 Dec 15th, 2017 at 6.3815000
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 1.8029782
The short-term trend has been DOWN since Nov 26th, 2020 at 1.2901358
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).