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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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, SHORTSYMBOL 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.

FOREX_ARSPEN
Open High Low ARSPEN Price Change
0.05010210 0.05010210 0.05010210 0.05010210 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term down The long-term trend has been DOWN since Dec 21st, 2017 at 0.18234000

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2020 at 0.05561305

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.05082499

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).

-100
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05010210 0.05010210 0.05010210 0.05010210 0.00000000
Prev. Close Volume Bid Ask Time
0.05010210 0.04905022 0.05115397 2020-06-01 07:17:49
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