Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
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.
MarketClub’s Trade Triangles for ARSPEN
The long-term trend has been DOWN since Feb 27th, 2018 at 0.16193000
The intermediate-term trend has been DOWN since Aug 18th, 2020 at 0.04867846
The short-term trend has been DOWN since Dec 30th, 2020 at 0.04303218
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).