Forex Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Argentine Peso/Singapore Dollar (FOREX:ARSSGD)
Long-Term Downtrend (-90) - ARSSGD is in a strong downtrend that is likely to continue. While ARSSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Jun 1st, 2020 at 0.02060211
The intermediate-term trend has been DOWN since Dec 7th, 2021 at 0.01346274
The short-term trend has been DOWN since May 15th, 2023 at 0.00579812
Smart Scan Analysis for ARSSGD
Based on our trend formula, ARSSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).