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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/Argentine Peso (FOREX:GBPARS)

Crossroads (-60) - GBPARS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPARS
Open High Low GBPARS Price Change
1286.1561 1286.8268 1281.0940 1282.3651 -3.7910
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since Dec 28th, 2021 at 137.92041

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 1274.99980

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 1277.07250

Smart Scan Analysis for GBPARS

Based on our trend formula, GBPARS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1286.1561 1286.8268 1281.0940 1282.3651 -3.7910
Prev. Close Volume Bid Ask Time
1286.1561 2024-12-26 16:13:21
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