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.
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MarketClub’s Trade Triangles for GBPARS
The long-term trend has been UP since Mar 31st, 2021 at 126.69717
The intermediate-term trend has been UP since Mar 20th, 2024 at 1091.30230
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).
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 |