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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

Argentine Peso/Japanese Yen (FOREX:ARSJPY)

Crossroads (-60) - ARSJPY is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_ARSJPY
Open High Low ARSJPY Price Change
0.15380713 0.15435818 0.15367185 0.15410475 +0.00029800
Entry Signal

MarketClub’s Trade Triangles for ARSJPY

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 0.17288247

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.15142183

short term up The short-term trend has been UP since Nov 20th, 2024 at 0.15556234

Smart Scan Analysis for ARSJPY

Based on our trend formula, ARSJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15380713 0.15435818 0.15367185 0.15410475 +0.00029800
Prev. Close Volume Bid Ask Time
0.15380713 2024-11-22 13:54:48
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