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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Argentine Peso/Euro (FOREX:ARSEUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

FOREX_ARSEUR
Open High Low ARSEUR Price Change
0.016415 0.016415 0.016415 0.016415 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSEUR

long term down The long term trend has been DOWN since May 16th, 2017 at 0.058235

intermediate term down The intermediate term trend has been DOWN since Jul 29th, 2019 at 0.020651

short term up The short term trend has been UP since Aug 20th, 2019 at 0.016479

Smart Scan Analysis for ARSEUR

Based on a pre-defined weighted trend formula for chart analysis, ARSEUR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ARSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.016415 0.016415 0.016415 0.016415 0.000000
Prev. Close Volume Bid Ask Time
0.016415 0.016393 0.016437 2019-08-25 14:45:42
Want to analyze Argentine Peso/Euro ARSEUR or another symbol? Try our Free Forex Trend Analysis Report.