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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Argentine Peso/Japanese Yen (FOREX:ARSJPY)

Long-Term Downtrend (-90) - ARSJPY is in a strong downtrend that is likely to continue. While ARSJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_ARSJPY
Open High Low ARSJPY Price Change
1.0998178 1.1011622 1.0991878 1.1010483 +0.0012300
Entry Signal

MarketClub’s Trade Triangles for ARSJPY

long term down The long-term trend has been DOWN since Feb 11th, 2019 at 2.8692000

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2022 at 1.1061771

short term down The short-term trend has been DOWN since Jan 7th, 2022 at 1.1204374

Smart Scan Analysis for ARSJPY

Based on our trend formula, ARSJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0998178 1.1011622 1.0991878 1.1010483 +0.0012300
Prev. Close Volume Bid Ask Time
1.0998178 2022-01-16 20:56:47
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