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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
Sidelines Mode (+50) - ARSJPY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ARSJPY can gain momentum.
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.
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MarketClub’s Trade Triangles for ARSJPY
The long-term trend has been DOWN since Jun 4th, 2024 at 0.17288247
The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.15142183
The short-term trend has been UP since Nov 20th, 2024 at 0.15556234
Smart Scan Analysis for ARSJPY
Based on our trend formula, ARSJPY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.15461913 | 0.15482510 | 0.15370250 | 0.15412628 | -0.00049300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15461913 | 2024-11-21 07:03:00 |