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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

Euro/Argentine Peso (FOREX:EURARS)

Bull Market Weakness (+75) - EURARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURARS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURARS
Open High Low EURARS Price Change
1069.4863 1069.9029 1065.8989 1067.3521 -2.1342
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since Dec 16th, 2021 at 115.1907

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 1069.7116

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 1067.0574

Smart Scan Analysis for EURARS

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

+75
Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1069.4863 1069.9029 1065.8989 1067.3521 -2.1342
Prev. Close Volume Bid Ask Time
1069.4863 2024-12-11 04:13:40
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