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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Euro/Argentine Peso (FOREX:EURARS)

Countertrend Up (+85) - EURARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
115.3633 115.5969 115.3235 115.5969 +0.2336
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since Nov 23rd, 2018 at 42.5775

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 115.5496

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 115.3784

Smart Scan Analysis for EURARS

Based on our trend formula, EURARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.3633 115.5969 115.3235 115.5969 +0.2336
Prev. Close Volume Bid Ask Time
115.3633 2021-10-26 07:26:25
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