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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.
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MarketClub’s Trade Triangles for ARSJPY
The long-term trend has been DOWN since Feb 11th, 2019 at 2.8692000
The intermediate-term trend has been DOWN since Jan 12th, 2022 at 1.1061771
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).
| 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 |