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Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
Sidelines Mode (-55) - ARSJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 26th, 2017 at 6.2448000
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 1.8029782
The short-term trend has been UP since Feb 19th, 2020 at 1.7923873
Smart Scan Analysis for ARSJPY
Based on our trend formula, ARSJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8068091 | 1.8140080 | 1.8061088 | 1.8115016 | +0.0046930 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8068091 | 1.8113790 | 1.8116242 | 2020-02-20 03:33:49 |