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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Argentine Peso/US Dollar (FOREX:ARSUSD)
Countertrend Down (-85) - ARSUSD 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 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.
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MarketClub’s Trade Triangles for ARSUSD
The long-term trend has been DOWN since Nov 26th, 2021 at 0.00991927
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.00117868
The short-term trend has been UP since Nov 15th, 2024 at 0.00100334
Smart Scan Analysis for ARSUSD
Based on our trend formula, ARSUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00099825 | 0.00099840 | 0.00099812 | 0.00099825 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00099825 | 2024-11-20 03:49:56 |