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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

British Pound/Argentine Peso (FOREX:GBPARS)

Crossroads (-60) - GBPARS is struggling to move into a solid trend. Beware of choppy markets 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
1078.3713 1081.4876 1077.9242 1081.2887 +2.9174
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since Apr 18th, 2021 at 128.4615

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 1075.2855

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 1086.2454

Smart Scan Analysis for GBPARS

Based on our trend formula, GBPARS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1078.3713 1081.4876 1077.9242 1081.2887 +2.9174
Prev. Close Volume Bid Ask Time
1078.3713 2024-04-15 02:51:40
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