Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
MarketClub’s Trade Triangles for ARSGBP
The long-term trend has been DOWN since Apr 14th, 2020 at 0.01213382
The intermediate-term trend has been DOWN since May 26th, 2020 at 0.01192973
The short-term trend has been DOWN since May 18th, 2020 at 0.01209018
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).