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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Argentine Peso (FOREX:EURARS)
Sidelines Mode (+55) - EURARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURARS
The long-term trend has been UP since Dec 28th, 2021 at 116.2134
The intermediate-term trend has been UP since Dec 5th, 2024 at 1069.7116
The short-term trend has been DOWN since Dec 18th, 2024 at 1067.3068
Smart Scan Analysis for EURARS
Based on our trend formula, EURARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1066.3133 | 1067.7596 | 1065.1029 | 1066.8777 | +0.5644 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1066.5238 | 2024-12-24 16:53:41 |