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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

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.

FOREX_ARSJPY
Open High Low ARSJPY Price Change
1.1515268 1.1515268 1.1515268 1.1515268 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ARSJPY

long term down The long-term trend has been DOWN since Nov 23rd, 2018 at 3.0106000

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 1.1281200

short term up The short-term trend has been UP since Oct 7th, 2021 at 1.1275215

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).

+60
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1515268 1.1515268 1.1515268 1.1515268 0.0000000
Prev. Close Volume Bid Ask Time
1.1515268 2021-10-17 12:42:40
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