Forex Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Argentine Peso/Peruvian Nuevo Sol (FOREX:ARSPEN)
Crossroads (-60) - ARSPEN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ARSPEN
The long-term trend has been DOWN since Oct 24th, 2021 at 0.04027598
The intermediate-term trend has been UP since Nov 10th, 2021 at 0.04004575
The short-term trend has been UP since Nov 29th, 2021 at 0.04012277
Smart Scan Analysis for ARSPEN
Based on our trend formula, ARSPEN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).