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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Japanese Yen/Argentine Peso (FOREX:JPYARS)

Bull Market Weakness (+75) - JPYARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYARS as it may be in the beginning stages of a reversal.

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

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

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

FOREX_JPYARS
Open High Low JPYARS Price Change
6.787150 6.787816 6.712555 6.714835 -0.072315
Entry Signal

MarketClub’s Trade Triangles for JPYARS

long term up The long-term trend has been UP since Jun 4th, 2024 at 5.7842766

intermediate term up The intermediate-term trend has been UP since Nov 26th, 2024 at 6.5590855

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 6.7177220

Smart Scan Analysis for JPYARS

Based on our trend formula, JPYARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.787150 6.787816 6.712555 6.714835 -0.072315
Prev. Close Volume Bid Ask Time
6.787150 2024-12-09 14:03:02
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