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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Argentine Peso/Japanese Yen (FOREX:ARSJPY)

Countertrend Down (-85) - ARSJPY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
1.1827706 1.1898827 1.1812173 1.1858053 +0.0030350
Entry Signal

MarketClub’s Trade Triangles for ARSJPY

long term down The long-term trend has been DOWN since May 2nd, 2018 at 5.1765500

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 1.8029782

short term up The short-term trend has been UP since Feb 26th, 2021 at 1.1854612

Smart Scan Analysis for ARSJPY

Based on our trend formula, ARSJPY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1827706 1.1898827 1.1812173 1.1858053 +0.0030350
Prev. Close Volume Bid Ask Time
1.1827706 2021-02-26 14:47:51
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