Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Argentine Peso/US Dollar (FOREX:ARSUSD)
Strong Downtrend (-100) - ARSUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ARSUSD
The long-term trend has been DOWN since Oct 30th, 2017 at 0.05636500
The intermediate-term trend has been DOWN since Dec 31st, 2019 at 0.01660730
The short-term trend has been DOWN since Aug 7th, 2020 at 0.01375281
Smart Scan Analysis for ARSUSD
Based on our trend formula, ARSUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).