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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2019.

Argentine Peso/Mexican Peso (FOREX:ARSMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ARSMXN
Open High Low ARSMXN Price Change
0.449035 0.449035 0.449035 0.449035 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSMXN

long term up The long term trend has been UP since Jul 9th, 2019 at 0.458360

intermediate term up The intermediate term trend has been UP since May 28th, 2019 at 0.429450

short term down The short term trend has been DOWN since Jul 14th, 2019 at 0.455745

Smart Scan Analysis for ARSMXN

Based on a pre-defined weighted trend formula for chart analysis, ARSMXN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ARSMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.449035 0.449035 0.449035 0.449035 0.000000
Prev. Close Volume Bid Ask Time
0.449035 0.448990 0.449080 2019-07-20 03:16:35
Want to analyze Argentine Peso/Mexican Peso ARSMXN or another symbol? Try our Free Forex Trend Analysis Report.