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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Argentine Peso/US Dollar (FOREX:ARSUSD)

Bear Market Rally (-75) - ARSUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSUSD as it may be in the beginning of a reversal.

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
0.00114607 0.00114989 0.00114524 0.00114970 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for ARSUSD

long term down The long-term trend has been DOWN since Apr 25th, 2021 at 0.01073572

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

short term up The short-term trend has been UP since Apr 14th, 2024 at 0.00115706

Smart Scan Analysis for ARSUSD

Based on our trend formula, ARSUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ARSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00114607 0.00114989 0.00114524 0.00114970 +0.00000400
Prev. Close Volume Bid Ask Time
0.00114607 2024-04-19 04:49:08
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