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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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.

FOREX_GBPARS
Open High Low GBPARS Price Change
161.84114 161.96100 160.40946 160.96670 -0.87444
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since Apr 14th, 2020 at 82.41737

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2022 at 153.11687

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 161.91700

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).

+55
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.84114 161.96100 160.40946 160.96670 -0.87444
Prev. Close Volume Bid Ask Time
161.84114 2022-08-19 17:12:00
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