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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.
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MarketClub’s Trade Triangles for USDARS
The long-term trend has been UP since May 18th, 2017 at 15.906500
The intermediate-term trend has been UP since Dec 31st, 2019 at 60.216700
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).
| 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 |