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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

British Pound/Argentine Peso (FOREX:GBPARS)

Weak Uptrend (+65) - GBPARS is showing signs of weakening momentum to the upside. Monitor GBPARS as it may be in the beginning stages of a reversal.

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
1092.2012 1095.7711 1090.4152 1090.6342 -1.5670
Entry Signal

MarketClub’s Trade Triangles for GBPARS

long term up The long-term trend has been UP since May 7th, 2021 at 130.59349

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 1075.28550

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1085.64760

Smart Scan Analysis for GBPARS

Based on our trend formula, GBPARS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1092.2012 1095.7711 1090.4152 1090.6342 -1.5670
Prev. Close Volume Bid Ask Time
1092.2012 2024-04-26 11:01:28
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