Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
US Dollar/Argentine Peso (FOREX:USDARS)
Long-Term Uptrend (+90) - USDARS is in a strong uptrend that is likely to continue. While USDARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDARS
The long-term trend has been UP since Apr 2nd, 2020 at 64.550794
The intermediate-term trend has been UP since Apr 2nd, 2020 at 64.550794
The short-term trend has been UP since Mar 20th, 2023 at 203.389300
Smart Scan Analysis for USDARS
Based on our trend formula, USDARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).