Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Japanese Yen/Argentine Peso (FOREX:JPYARS)
Sidelines Mode (+55) - JPYARS 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 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.
MarketClub’s Trade Triangles for JPYARS
The long-term trend has been UP since May 2nd, 2018 at 0.19317500
The intermediate-term trend has been UP since Jan 3rd, 2020 at 0.55463791
The short-term trend has been DOWN since Feb 26th, 2021 at 0.84355360
Smart Scan Analysis for JPYARS
Based on our trend formula, JPYARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).