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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 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.

FOREX_EURARS
Open High Low EURARS Price Change
968.9353 969.0797 965.5789 965.5789 -3.3564
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since Dec 29th, 2021 at 116.5335

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 929.7019

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 967.0367

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).

+55
Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
968.9353 969.0797 965.5789 965.5789 -3.3564
Prev. Close Volume Bid Ask Time
968.9353 2024-06-14 04:41:02
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