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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.

FOREX_ARSPEN
Open High Low ARSPEN Price Change
0.04119108 0.04119108 0.04119108 0.04119108 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term up The long-term trend has been UP since Jun 13th, 2021 at 0.04103006

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.04168651

short term down 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).

-70
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04119108 0.04119108 0.04119108 0.04119108 0.00000000
Prev. Close Volume Bid Ask Time
0.04009760 2021-10-12 21:08:34
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