Forex Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Argentine Peso/Euro (FOREX:ARSEUR)
Long-Term Downtrend (-90) - ARSEUR is in a strong downtrend that is likely to continue. While ARSEUR is showing intraday strength, it remains in the confines of a bearish trend. 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 Dec 29th, 2021 at 0.00857902
The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.00755576
The short-term trend has been DOWN since Aug 4th, 2022 at 0.00736811
Smart Scan Analysis for ARSEUR
Based on our trend formula, ARSEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).