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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
Argentine Peso/Mexican Peso (FOREX:ARSMXN)
Bear Market Rally (-75) - ARSMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSMXN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ARSMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSMXN.
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 ARSMXN
The long-term trend has been DOWN since Dec 13th, 2024 at 0.01967356
The intermediate-term trend has been UP since Jan 10th, 2025 at 0.02025037
The short-term trend has been DOWN since Jan 20th, 2025 at 0.01970151
Smart Scan Analysis for ARSMXN
Based on our trend formula, ARSMXN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01973005 | 0.01975402 | 0.01953994 | 0.01956903 | -0.00016100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01973005 | 2025-01-22 23:43:13 |