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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Argentine Peso/Mexican Peso (FOREX:ARSMXN)
Long-Term Uptrend (+90) - ARSMXN is in a strong uptrend that is likely to continue. While ARSMXN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 10th, 2024 at 0.02072646
The intermediate-term trend has been UP since Jul 29th, 2024 at 0.02001214
The short-term trend has been UP since Aug 20th, 2024 at 0.01996602
Smart Scan Analysis for ARSMXN
Based on our trend formula, ARSMXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02090654 | 0.02092030 | 0.02090654 | 0.02090654 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02090654 | 2024-09-07 10:59:14 |