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Forex Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

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 USDARS?

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
360.57665 362.53613 360.43939 362.17009 +1.59344
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long-term trend has been UP since Dec 3rd, 2020 at 81.50500

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 351.38625

short term up The short-term trend has been UP since Dec 1st, 2023 at 360.68906

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
360.57665 362.53613 360.43939 362.17009 +1.59344
Prev. Close Volume Bid Ask Time
360.57665 2023-12-01 18:26:33
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