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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Argentine Peso (FOREX:EURARS)
Sidelines Mode (-55) - EURARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURARS
The long-term trend has been UP since Nov 26th, 2021 at 113.9939
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 1058.7265
The short-term trend has been UP since Nov 19th, 2024 at 1059.1133
Smart Scan Analysis for EURARS
Based on our trend formula, EURARS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1061.1287 | 1061.2990 | 1058.4240 | 1059.0551 | -2.0736 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1061.1287 | 2024-11-20 03:22:47 |