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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
US Dollar/Argentine Peso (FOREX:USDARS)
Countertrend Up (+85) - USDARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Feb 8th, 2022 at 105.76334
The intermediate-term trend has been UP since Mar 13th, 2024 at 849.00710
The short-term trend has been DOWN since Feb 3rd, 2025 at 1049.86890
Smart Scan Analysis for USDARS
Based on our trend formula, USDARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1053.6260 | 1053.6961 | 1053.4118 | 1053.6250 | -0.0010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1053.6260 | 2025-02-05 00:58:46 |