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Forex Trend Analysis Report

Prepared for you on Sunday, June 23, 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.

FOREX_EURARS
Open High Low EURARS Price Change
968.2458 968.2458 967.4203 968.2458 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since Dec 29th, 2021 at 116.5335

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 929.7019

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 966.6046

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).

+55
Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
968.2458 968.2458 967.4203 968.2458 0.0000
Prev. Close Volume Bid Ask Time
968.2458 2024-06-22 16:44:14
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