Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

British Pound/Argentine Peso (FOREX:GBPARS)

Strong Uptrend (+100) - GBPARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
169.95225 170.72488 167.31095 168.85952 -1.09273
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since Apr 14th, 2020 at 82.41737

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2022 at 166.97444

short term up The short-term trend has been UP since Sep 28th, 2022 at 159.08631

Smart Scan Analysis for GBPARS

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

+100
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.95225 170.72488 167.31095 168.85952 -1.09273
Prev. Close Volume Bid Ask Time
169.95225 2022-10-05 14:46:41
Get a free daily analysis and signals for British Pound/Argentine Peso (GBPARS) - Request Your Free Report.