Forex Trend Analysis Report
Prepared for you on Friday, October 22, 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 Nov 23rd, 2018 at 0.3321550
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.8863481
The short-term trend has been UP since Oct 19th, 2021 at 0.8703097
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).