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Forex Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Argentine Peso/US Dollar (FOREX:ARSUSD)

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

FOREX_ARSUSD
Open High Low ARSUSD Price Change
0.00102402 0.00102978 0.00102335 0.00102959 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for ARSUSD

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 0.01008718

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.00117868

short term down The short-term trend has been DOWN since Aug 26th, 2024 at 0.00105702

Smart Scan Analysis for ARSUSD

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

-100
Smart Scan Analysis for ARSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00102402 0.00102978 0.00102335 0.00102959 +0.00000600
Prev. Close Volume Bid Ask Time
0.00102402 2024-10-07 06:58:27
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