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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

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
115.5831 115.7865 115.4648 115.5016 -0.0815
Entry Signal

MarketClub’s Trade Triangles for EURARS

long term up The long-term trend has been UP since Nov 23rd, 2018 at 42.5775

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 115.5496

short term up The short-term trend has been UP since Oct 13th, 2021 at 114.5343

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
115.5831 115.7865 115.4648 115.5016 -0.0815
Prev. Close Volume Bid Ask Time
115.5831 2021-10-19 19:27:03
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