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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Argentine Peso (FOREX:GBPARS)
Sidelines Mode (-55) - GBPARS 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 GBPARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPARS.
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 GBPARS
The long-term trend has been UP since Dec 16th, 2021 at 136.05605
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 1269.82440
The short-term trend has been UP since Nov 19th, 2024 at 1268.02450
Smart Scan Analysis for GBPARS
Based on our trend formula, GBPARS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1270.8391 | 1273.7008 | 1270.2026 | 1270.3758 | -0.4633 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1270.8391 | 2024-11-20 03:50:37 |