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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Japanese Yen/Argentine Peso (FOREX:JPYARS)

Long-Term Uptrend (+90) - JPYARS is in a strong uptrend that is likely to continue. While JPYARS 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 JPYARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYARS
Open High Low JPYARS Price Change
2.4624408 2.4738384 2.4533886 2.4606683 -0.0017720
Entry Signal

MarketClub’s Trade Triangles for JPYARS

long term up The long-term trend has been UP since Jul 21st, 2022 at 0.9427041

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2023 at 2.3521374

short term up The short-term trend has been UP since Nov 27th, 2023 at 2.4000263

Smart Scan Analysis for JPYARS

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

+90
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4624408 2.4738384 2.4533886 2.4606683 -0.0017720
Prev. Close Volume Bid Ask Time
2.4624408 2023-12-04 15:03:06
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