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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Argentine Peso/Mexican Peso (FOREX:ARSMXN)

Sidelines Mode (+55) - ARSMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.38036511 0.38036511 0.37230309 0.37261645 -0.00774900
Entry Signal

MarketClub’s Trade Triangles for ARSMXN

long term up The long-term trend has been UP since Mar 8th, 2020 at 0.32885630

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2020 at 0.31517770

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 0.37810506

Smart Scan Analysis for ARSMXN

Based on our trend formula, ARSMXN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ARSMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38036511 0.38036511 0.37230309 0.37261645 -0.00774900
Prev. Close Volume Bid Ask Time
0.38036511 0.37259272 0.37264017 2020-04-07 07:00:47
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