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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Argentine Peso/Mexican Peso (FOREX:ARSMXN)

Bull Market Weakness (+75) - ARSMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ARSMXN as it may be in the beginning stages of a reversal.

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
0.02018375 0.02019278 0.02010146 0.02011085 -0.00007300
Entry Signal

MarketClub’s Trade Triangles for ARSMXN

long term up The long-term trend has been UP since Jun 10th, 2024 at 0.02072646

intermediate term up The intermediate-term trend has been UP since Oct 30th, 2024 at 0.02042724

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.02027896

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
0.02018375 0.02019278 0.02010146 0.02011085 -0.00007300
Prev. Close Volume Bid Ask Time
0.02018375 2024-12-03 09:18:41
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