Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for ARSMXN
The long-term trend has been UP since Jun 10th, 2024 at 0.02072646
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.01968267
The short-term trend has been UP since Jul 18th, 2024 at 0.01941546
Smart Scan Analysis for ARSMXN
Based on our trend formula, ARSMXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01981572 | 0.01992078 | 0.01969883 | 0.01986116 | +0.00004500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01981572 | 2024-07-26 20:14:25 |