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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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
0.00091989 0.00092233 0.00091831 0.00091897 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for ARSGBP

long term down The long-term trend has been DOWN since Oct 13th, 2022 at 0.00585869

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2024 at 0.00093005

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 0.00092114

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
0.00091989 0.00092233 0.00091831 0.00091897 -0.00000100
Prev. Close Volume Bid Ask Time
0.00091989 2024-04-24 21:07:07
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