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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.

FOREX_EURARS
Open High Low EURARS Price Change
76.2978 76.4517 76.0342 76.2876 -0.0102
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since Jun 21st, 2017 at 18.2215

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 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).

+90
Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.2978 76.4517 76.0342 76.2876 -0.0102
Prev. Close Volume Bid Ask Time
76.2978 76.2831 76.2921 2020-06-01 23:44:45
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