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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Argentine Peso/Singapore Dollar (FOREX:ARSSGD)

Strong Downtrend (-100) - ARSSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSSGD continues to fall. 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.

FOREX_ARSSGD
Open High Low ARSSGD Price Change
0.01020609 0.01022321 0.01018811 0.01019617 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for ARSSGD

long term down The long-term trend has been DOWN since Aug 27th, 2019 at 0.02486800

intermediate term down The intermediate-term trend has been DOWN since Dec 7th, 2021 at 0.01346274

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 0.01017402

Smart Scan Analysis for ARSSGD

Based on our trend formula, ARSSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ARSSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01020609 0.01022321 0.01018811 0.01019617 -0.00001000
Prev. Close Volume Bid Ask Time
0.01020609 2022-08-18 07:01:17
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