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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Argentine Peso (FOREX:USDARS)

Strong Uptrend (+100) - USDARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDARS 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 ?

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

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

FOREX_USDARS
Open High Low USDARS Price Change
61.310819 61.661422 61.288199 61.554961 +0.244142
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long-term trend has been UP since May 18th, 2017 at 15.906500

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2019 at 60.216700

short term up The short-term trend has been UP since Feb 4th, 2020 at 60.480374

Smart Scan Analysis for USDARS

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

+100
Smart Scan Analysis for USDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.310819 61.661422 61.288199 61.554961 +0.244142
Prev. Close Volume Bid Ask Time
61.310819 61.550808 61.559114 2020-02-17 17:11:10
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