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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Mexican Peso/Argentine Peso (FOREX:MXNARS)

Strong Uptrend (+100) - MXNARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid MXNARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNARS
Open High Low MXNARS Price Change
6.6088247 6.6172262 6.6020553 6.6154752 +0.0066500
Entry Signal

MarketClub’s Trade Triangles for MXNARS

long term up The long-term trend has been UP since Dec 23rd, 2021 at 4.9504625

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2022 at 6.2303229

short term up The short-term trend has been UP since Aug 4th, 2022 at 6.5183116

Smart Scan Analysis for MXNARS

Based on our trend formula, MXNARS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for MXNARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.6088247 6.6172262 6.6020553 6.6154752 +0.0066500
Prev. Close Volume Bid Ask Time
6.6088247 2022-08-10 03:22:57
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