Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Argentine Peso/US Dollar (FOREX:ARSUSD)
Long-Term Downtrend (-90) - ARSUSD is in a strong downtrend that is likely to continue. While ARSUSD 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 ARSUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSUSD
The long-term trend has been DOWN since Nov 23rd, 2018 at 0.02666300
The intermediate-term trend has been DOWN since Dec 31st, 2019 at 0.01660730
The short-term trend has been DOWN since Oct 25th, 2021 at 0.01005714
Smart Scan Analysis for ARSUSD
Based on our trend formula, ARSUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).