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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

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.

FOREX_USDARS
Open High Low USDARS Price Change
923.0126 923.0971 922.8017 923.0000 -0.0126
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long-term trend has been UP since Jul 20th, 2021 at 96.34582

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 849.00710

short term up The short-term trend has been UP since Jul 1st, 2024 at 912.21710

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).

+90
Smart Scan Analysis for USDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
923.0126 923.0971 922.8017 923.0000 -0.0126
Prev. Close Volume Bid Ask Time
923.0126 2024-07-18 04:27:37
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