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Forex Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

US Dollar/Argentine Peso (FOREX:USDARS)

Strong Uptrend (+100) - USDARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDARS 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 USDARS?

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

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

FOREX_USDARS
Open High Low USDARS Price Change
93.86120 94.16023 93.85463 94.06000 +0.19880
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long-term trend has been UP since May 28th, 2018 at 24.66000

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2019 at 60.21670

short term up The short-term trend has been UP since May 17th, 2021 at 94.08912

Smart Scan Analysis for USDARS

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

+100
Smart Scan Analysis for USDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.86120 94.16023 93.85463 94.06000 +0.19880
Prev. Close Volume Bid Ask Time
93.86120 2021-05-17 21:30:18
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