Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Argentine Peso/British Pound (FOREX:ARSGBP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for ARSGBP
The long term trend has been UP since Jul 1st, 2019 at 0.018652
The intermediate term trend has been UP since May 22nd, 2019 at 0.017680
The short term trend has been DOWN since Jul 10th, 2019 at 0.019051
Smart Scan Analysis for ARSGBP
Based on a pre-defined weighted trend formula for chart analysis, ARSGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).