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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

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
900.3459 903.2500 900.3459 901.7894 +1.4435
Entry Signal

MarketClub’s Trade Triangles for USDARS

long term up The long-term trend has been UP since Jul 5th, 2021 at 95.87416

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 849.00710

short term up The short-term trend has been UP since Jun 4th, 2024 at 897.26010

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
900.3459 903.2500 900.3459 901.7894 +1.4435
Prev. Close Volume Bid Ask Time
900.3459 2024-06-15 16:08:33
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