Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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.
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MarketClub’s Trade Triangles for ARSPEN
The long term trend has been DOWN since Dec 21st, 2017 at 0.18234000
The intermediate term trend has been UP since Nov 25th, 2019 at 0.05678263
The short term trend has been DOWN since Dec 1st, 2019 at 0.05669418
Smart Scan Analysis for ARSPEN
Based on a pre-defined weighted trend formula for chart analysis, ARSPEN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05633606 | 0.05645261 | 0.05633606 | 0.05645261 | +0.00011700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05633606 | 0.05524536 | 0.05765986 | 2019-12-10 20:09:10 |