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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.

FOREX_ARSMXN
Open High Low ARSMXN Price Change
0.01973005 0.01975402 0.01953994 0.01956903 -0.00016100
Entry Signal

MarketClub’s Trade Triangles for ARSMXN

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 0.01967356

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2025 at 0.02025037

short term down 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).

-75
Smart Scan Analysis for ARSMXN
Strong Downtrend Sideways 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
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