Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
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.
MarketClub’s Trade Triangles for EURARS
The long-term trend has been UP since May 2nd, 2018 at 25.4045
The intermediate-term trend has been UP since Feb 3rd, 2020 at 66.8771
The short-term trend has been DOWN since Mar 4th, 2021 at 108.0570
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).