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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Argentine Peso/US Dollar (FOREX:ARSUSD)

Bear Market Rally (-75) - ARSUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_ARSUSD
Open High Low ARSUSD Price Change
0.01066155 0.01067043 0.01065353 0.01065775 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for ARSUSD

long term down The long-term trend has been DOWN since Apr 23rd, 2018 at 0.04946000

intermediate term down The intermediate-term trend has been DOWN since Dec 31st, 2019 at 0.01660730

short term up The short-term trend has been UP since Apr 19th, 2021 at 0.01080149

Smart Scan Analysis for ARSUSD

Based on our trend formula, ARSUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ARSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01066155 0.01067043 0.01065353 0.01065775 -0.00000400
Prev. Close Volume Bid Ask Time
0.01066155 2021-05-07 14:27:23
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