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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.

FOREX_ARSSGD
Open High Low ARSSGD Price Change
0.01354302 0.01356127 0.01352654 0.01352962 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for ARSSGD

long term down The long-term trend has been DOWN since Nov 23rd, 2018 at 0.03687800

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 0.01366062

short term up 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).

-85
Smart Scan Analysis for ARSSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01354302 0.01356127 0.01352654 0.01352962 -0.00001300
Prev. Close Volume Bid Ask Time
0.01354302 2021-10-26 07:40:34
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