Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
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.
MarketClub’s Trade Triangles for JPYARS
The long-term trend has been UP since Dec 26th, 2017 at 0.16013500
The intermediate-term trend has been UP since Jan 3rd, 2020 at 0.55463791
The short-term trend has been UP since Apr 8th, 2020 at 0.59890442
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).