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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Argentine Peso (FOREX:GBPARS)

Countertrend Up (+85) - GBPARS 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 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.

FOREX_GBPARS
Open High Low GBPARS Price Change
1083.7423 1084.4802 1081.2231 1082.5986 -1.1437
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since Mar 31st, 2021 at 126.69717

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 1091.30230

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 1080.53180

Smart Scan Analysis for GBPARS

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

+85
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1083.7423 1084.4802 1081.2231 1082.5986 -1.1437
Prev. Close Volume Bid Ask Time
1083.7423 2024-03-29 10:17:07
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