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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Argentine Peso/Singapore Dollar (FOREX:ARSSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ARSSGD
Open High Low ARSSGD Price Change
0.032053 0.032077 0.030941 0.031002 -0.001051
Entry Signal

MarketClub’s Trade Triangles for ARSSGD

long term down The long term trend has been DOWN since May 18th, 2017 at 0.088745

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2019 at 0.035750

short term down The short term trend has been DOWN since Apr 23rd, 2019 at 0.032493

Smart Scan Analysis for ARSSGD

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

-100
Smart Scan Analysis for ARSSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032053 0.032077 0.030941 0.031002 -0.001051
Prev. Close Volume Bid Ask Time
0.032053 0.030999 0.031005 2019-04-24 17:51:24
Want to analyze Argentine Peso/Singapore Dollar ARSSGD or another symbol? Try our Free Forex Trend Analysis Report.