Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
Bull Market Weakness (+75) - ARSJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ARSJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ARSJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSJPY
The long-term trend has been DOWN since Feb 20th, 2019 at 2.7840000
The intermediate-term trend has been UP since Sep 27th, 2021 at 1.1281200
The short-term trend has been UP since Sep 23rd, 2021 at 1.1181745
Smart Scan Analysis for ARSJPY
Based on our trend formula, ARSJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).