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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/Argentine Peso (FOREX:USDARS)
Bull Market Weakness (+75) - USDARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDARS as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDARS
The long-term trend has been UP since Nov 26th, 2021 at 100.81394
The intermediate-term trend has been UP since Mar 13th, 2024 at 849.00710
The short-term trend has been DOWN since Nov 15th, 2024 at 996.66820
Smart Scan Analysis for USDARS
Based on our trend formula, USDARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1002.7548 | 1002.8974 | 1002.4790 | 1002.7395 | -0.0153 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1002.7548 | 2024-11-21 05:32:06 |