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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

Argentine Peso/British Pound (FOREX:ARSGBP)

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_ARSGBP
Open High Low ARSGBP Price Change
0.018816 0.019094 0.018805 0.018871 +0.000055
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long term trend has been DOWN since May 9th, 2017 at 0.049740

intermediate term down The intermediate term trend has been DOWN since Nov 23rd, 2018 at 0.021127

short term up The short term trend has been UP since Mar 15th, 2019 at 0.018624

Smart Scan Analysis for ARSGBP

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

-85
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.018816 0.019094 0.018805 0.018871 +0.000055
Prev. Close Volume Bid Ask Time
0.018816 0.018870 0.018873 2019-03-18 15:31:29
Want to analyze Argentine Peso/British Pound ARSGBP or another symbol? Try our Free Forex Trend Analysis Report.