Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Argentine Peso/Euro (FOREX:ARSEUR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ARSEUR
The long term trend has been DOWN since May 16th, 2017 at 0.05823500
The intermediate term trend has been UP since Jan 24th, 2020 at 0.01509806
The short term trend has been UP since Jan 23rd, 2020 at 0.01504280
Smart Scan Analysis for ARSEUR
Based on a pre-defined weighted trend formula for chart analysis, ARSEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).