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.
MarketClub’s Trade Triangles for ARSMXN
The long-term trend has been UP since Oct 11th, 2021 at 0.21034054
The intermediate-term trend has been DOWN since Oct 20th, 2021 at 0.20301729
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).