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.
MarketClub’s Trade Triangles for USDARS
The long-term trend has been UP since May 28th, 2018 at 24.66000
The intermediate-term trend has been UP since Dec 31st, 2019 at 60.21670
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).