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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Mexican Peso/Argentine Peso (FOREX:MXNARS)

Weak Downtrend (-65) - MXNARS is showing signs of a strengthening downtrend. Monitor MXNARS as it may be building momentum to the downside.

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
4.2366752 4.2366752 4.2366752 4.2366752 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MXNARS

long term up The long-term trend has been UP since Jul 21st, 2020 at 3.2166191

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 4.2647338

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 4.3034178

Smart Scan Analysis for MXNARS

Based on our trend formula, MXNARS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MXNARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2366752 4.2366752 4.2366752 4.2366752 0.0000000
Prev. Close Volume Bid Ask Time
4.2366752 2021-03-06 12:22:50
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