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.
MarketClub’s Trade Triangles for USDARS
The long-term trend has been UP since Dec 9th, 2020 at 81.83998
The intermediate-term trend has been UP since Nov 15th, 2023 at 351.38625
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).