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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Argentine Peso/British Pound (FOREX:ARSGBP)

Bear Market Rally (-75) - ARSGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ARSGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSGBP
Open High Low ARSGBP Price Change
0.00612180 0.00616530 0.00611866 0.00616530 +0.00004400
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 0.01213382

intermediate term down The intermediate-term trend has been DOWN since Jun 27th, 2022 at 0.00653017

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.00615018

Smart Scan Analysis for ARSGBP

Based on our trend formula, ARSGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00612180 0.00616530 0.00611866 0.00616530 +0.00004400
Prev. Close Volume Bid Ask Time
0.00612180 2022-08-15 05:43:20
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