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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
6.0434646 6.0604364 6.0072026 6.0366786 -0.0067860
Entry Signal

MarketClub’s Trade Triangles for JPYARS

long term up The long-term trend has been UP since Jun 4th, 2024 at 5.7842766

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 5.7465638

short term up The short-term trend has been UP since Jul 12th, 2024 at 5.8334704

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
6.0434646 6.0604364 6.0072026 6.0366786 -0.0067860
Prev. Close Volume Bid Ask Time
6.0434646 2024-07-26 20:08:44
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