Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Euro/Argentine Peso (FOREX:EURARS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for EURARS
The long term trend has been UP since May 16th, 2017 at 17.1712
The intermediate term trend has been DOWN since Jan 24th, 2020 at 66.2337
The short term trend has been DOWN since Jan 23rd, 2020 at 66.4770
Smart Scan Analysis for EURARS
Based on a pre-defined weighted trend formula for chart analysis, EURARS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 66.2929 | 66.3414 | 66.1518 | 66.1670 | -0.1259 |
| Prev. Close | Volume | Bid | Ask | Time |
| 66.2929 | 66.1625 | 66.1715 | 2020-01-24 17:04:25 |