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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2019.

Euro/Argentine Peso (FOREX:EURARS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EURARS Price Change
49.4045 49.4505 48.5175 48.6455 -0.7590
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long term trend has been UP since May 16th, 2017 at 17.1712

intermediate term down The intermediate term trend has been DOWN since May 29th, 2019 at 49.7305

short term down The short term trend has been DOWN since Jun 18th, 2019 at 48.8905

Smart Scan Analysis for EURARS

Based on a pre-defined weighted trend formula for chart analysis, EURARS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.4045 49.4505 48.5175 48.6455 -0.7590
Prev. Close Volume Bid Ask Time
49.4045 48.6410 48.6500 2019-06-18 16:42:06
Want to analyze Euro/Argentine Peso EURARS or another symbol? Try our Free Forex Trend Analysis Report.