Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

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
361.38581 362.64503 360.82034 362.57333 +1.18752
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long-term trend has been UP since Dec 9th, 2020 at 81.83998

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 351.38625

short term up The short-term trend has been UP since Dec 1st, 2023 at 360.68906

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
361.38581 362.64503 360.82034 362.57333 +1.18752
Prev. Close Volume Bid Ask Time
361.38581 2023-12-04 11:14:39
Get a free daily analysis and signals for US Dollar/Argentine Peso (USDARS) - Request Your Free Report.