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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

US Dollar/Argentine Peso (FOREX:USDARS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDARS
Open High Low USDARS Price Change
44.956 44.956 44.956 44.956 0.000
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long term trend has been UP since May 18th, 2017 at 15.9065

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 37.9933

short term down The short term trend has been DOWN since May 16th, 2019 at 44.8040

Smart Scan Analysis for USDARS

Based on a pre-defined weighted trend formula for chart analysis, USDARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.956 44.956 44.956 44.956 0.000
Prev. Close Volume Bid Ask Time
44.956 44.952 44.960 2019-05-19 05:25:09
Want to analyze US Dollar/Argentine Peso USDARS or another symbol? Try our Free Forex Trend Analysis Report.