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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Argentine Peso/Mexican Peso (FOREX:ARSMXN)

Weak Downtrend (-65) - ARSMXN is showing signs of a strengthening downtrend. Monitor ARSMXN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ARSMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSMXN
Open High Low ARSMXN Price Change
0.20345541 0.20351233 0.20283915 0.20316299 -0.00029200
Entry Signal

MarketClub’s Trade Triangles for ARSMXN

long term up The long-term trend has been UP since Oct 11th, 2021 at 0.21034054

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2021 at 0.20301729

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.20932374

Smart Scan Analysis for ARSMXN

Based on our trend formula, ARSMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ARSMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20345541 0.20351233 0.20283915 0.20316299 -0.00029200
Prev. Close Volume Bid Ask Time
0.20345541 2021-10-25 03:21:14
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