Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Mexican Peso/Argentine Peso (FOREX:MXNARS)
Strong Downtrend (-100) - MXNARS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for MXNARS
The long-term trend has been DOWN since Mar 8th, 2020 at 3.0408463
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 3.1728179
The short-term trend has been DOWN since Mar 30th, 2020 at 2.6417547
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).