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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.

FOREX_ARSPEN
Open High Low ARSPEN Price Change
0.04013867 0.04013867 0.04013867 0.04013867 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSPEN

long term down The long-term trend has been DOWN since Oct 24th, 2021 at 0.04027598

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2021 at 0.04004575

short term up 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).

-60
Smart Scan Analysis for ARSPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04013867 0.04013867 0.04013867 0.04013867 0.00000000
Prev. Close Volume Bid Ask Time
0.04013867 2021-11-29 07:26:07
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