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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

British Pound/Argentine Peso (FOREX:GBPARS)

Long-Term Uptrend (+90) - GBPARS is in a strong uptrend that is likely to continue. While GBPARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
453.39962 457.14794 452.58898 456.01969 +2.62007
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since Nov 30th, 2020 at 108.76141

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 431.82873

short term up The short-term trend has been UP since Nov 14th, 2023 at 429.83733

Smart Scan Analysis for GBPARS

Based on our trend formula, GBPARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
453.39962 457.14794 452.58898 456.01969 +2.62007
Prev. Close Volume Bid Ask Time
453.39962 2023-11-28 15:34:16
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