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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Argentine Peso (FOREX:USDARS)
Long-Term Uptrend (+90) - USDARS is in a strong uptrend that is likely to continue. While USDARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDARS
The long-term trend has been UP since Jul 28th, 2021 at 96.61049
The intermediate-term trend has been UP since Mar 13th, 2024 at 849.00710
The short-term trend has been UP since Jul 1st, 2024 at 912.21710
Smart Scan Analysis for USDARS
Based on our trend formula, USDARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 929.4958 | 929.6210 | 928.1108 | 928.1108 | -1.3850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 929.4958 | 2024-07-26 19:40:13 |