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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)

Strong Downtrend (-100) - ARSPEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSPEN continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_ARSPEN
Open High Low ARSPEN Price Change
0.00383019 0.00383019 0.00383019 0.00383019 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term down The long-term trend has been DOWN since Dec 21st, 2021 at 0.03975661

intermediate term down The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.00416533

short term down The short-term trend has been DOWN since Aug 16th, 2024 at 0.00397997

Smart Scan Analysis for ARSPEN

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

-100
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00383019 0.00383019 0.00383019 0.00383019 0.00000000
Prev. Close Volume Bid Ask Time
0.00381246 2024-10-22 07:25:24
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