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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 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 ?

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.

FOREX_EURARS
Open High Low EURARS Price Change
66.5090 66.8194 66.5060 66.6671 +0.1581
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since May 15th, 2017 at 17.0230

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2020 at 66.8771

short term up The short-term trend has been UP since Feb 17th, 2020 at 66.6853

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).

+90
Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.5090 66.8194 66.5060 66.6671 +0.1581
Prev. Close Volume Bid Ask Time
66.5090 66.6626 66.6716 2020-02-17 19:31:44
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