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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.
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MarketClub’s Trade Triangles for EURARS
The long-term trend has been UP since Dec 16th, 2021 at 115.1907
The intermediate-term trend has been UP since Dec 5th, 2024 at 1069.7116
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).
| 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 |