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Forex Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

Argentine Peso/British Pound (FOREX:ARSGBP)

Strong Downtrend (-100) - ARSGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.00732981 0.00732981 0.00732981 0.00732981 0.00000000
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 Oct 14th, 2021 at 0.00737288

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.00739815

Smart Scan Analysis for ARSGBP

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

-100
Smart Scan Analysis for ARSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00732981 0.00732981 0.00732981 0.00732981 0.00000000
Prev. Close Volume Bid Ask Time
0.00732981 2021-10-16 01:33:02
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