Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)
Weak Downtrend (-65) - ARSPEN is showing signs of a strengthening downtrend. Monitor ARSPEN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ARSPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSPEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSPEN
The long-term trend has been UP since Jun 13th, 2021 at 0.04103006
The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.04168651
The short-term trend has been DOWN since Sep 27th, 2021 at 0.04179066
Smart Scan Analysis for ARSPEN
Based on our trend formula, ARSPEN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).