Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Argentine Peso/Singapore Dollar (FOREX:ARSSGD)
Countertrend Down (-85) - ARSSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ARSSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSSGD
The long-term trend has been DOWN since Nov 23rd, 2018 at 0.03687800
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 0.01366062
The short-term trend has been UP since Oct 22nd, 2021 at 0.01357059
Smart Scan Analysis for ARSSGD
Based on our trend formula, ARSSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).