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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_JPYARS
Open High Low JPYARS Price Change
6.4602386 6.4627234 6.4325269 6.4376621 -0.0225770
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 down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 6.6040676

short term up The short-term trend has been UP since Nov 17th, 2024 at 6.4908992

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).

-55
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4602386 6.4627234 6.4325269 6.4376621 -0.0225770
Prev. Close Volume Bid Ask Time
6.4602386 2024-11-20 03:39:36
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