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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.

FOREX_ARSEUR
Open High Low ARSEUR Price Change
0.00736475 0.00739945 0.00732467 0.00734739 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for ARSEUR

long term down The long-term trend has been DOWN since Dec 29th, 2021 at 0.00857902

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.00755576

short term down 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).

-90
Smart Scan Analysis for ARSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00736475 0.00739945 0.00732467 0.00734739 -0.00001700
Prev. Close Volume Bid Ask Time
0.00736475 2022-08-08 16:03:52
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