Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Argentine Peso/Euro (FOREX:ARSEUR)
Strong Downtrend (-100) - ARSEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ARSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSEUR
The long-term trend has been DOWN since Nov 23rd, 2018 at 0.02348400
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00865429
The short-term trend has been DOWN since Oct 25th, 2021 at 0.00863295
Smart Scan Analysis for ARSEUR
Based on our trend formula, ARSEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).