Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Euro/Argentine Peso (FOREX:EURARS)
Long-Term Uptrend (+90) - EURARS is in a strong uptrend that is likely to continue. While EURARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURARS
The long-term trend has been UP since Jun 21st, 2017 at 18.2215
The intermediate-term trend has been UP since Feb 3rd, 2020 at 66.8771
The short-term trend has been UP since May 8th, 2020 at 73.0178
Smart Scan Analysis for EURARS
Based on our trend formula, EURARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).