Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)
Strong Downtrend (-100) - ARSPEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSPEN continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 24th, 2021 at 0.04027598
The intermediate-term trend has been DOWN since Jul 29th, 2022 at 0.03038620
The short-term trend has been DOWN since Jan 29th, 2023 at 0.02101636
Smart Scan Analysis for ARSPEN
Based on our trend formula, ARSPEN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).