Argentine Peso to US Dollar Signals and Price Predictions

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Argentina has been experiencing a prolonged economic crisis for over 5 years. Since 2018, the country has been plagued by political instability, which has resulted in the absence of a well-thought-out consistent economic policy. As a result, the country defaulted in 2020, closing off the possibility of using international loans to stabilize the economy. The next blow to Argentina's economy was the pandemic, which affected export volumes and consequently the inflow of foreign money into the country.

1

Recommendation for ARS/USD on the 15M timeframe is Neutral.

2

Recommendation for ARS/USD on the 1H timeframe is Sell.

3

Recommendation for ARS/USD on the 1D timeframe is Sell.

Attempts to solve internal problems led to a massive issuance of currency, which triggered hyperinflation. Over the past few years, the ARS/USD price has been dropping consistently, reaching historic lows. The ARS/USD pair is highly volatile, has low liquidity, and is currently of little interest to investors.


In our article, you will be able to learn the latest price forecasts and signals on the ARS/USD currency exchange rate for 1 hour-1 week. ARS/USD forecasts and signals are based on the technical analysis indicators.

NOTE!

On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:

  • Asset quotes are updated every minute.
  • Price chart is updated every minute.
  • Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
  • Medium and long-term forecasts are updated every hour.

ARS/USD forecast for 1 day, 1 week, 1 month

ARS/USD forecast by TU is prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out ARS/USD price prediction for today.

NOTE!

Signals may differ on different timeframes. If you want to hold the ARS/USD for longer than 1 week/1 month, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions.

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Indicator Based Technical Analysis of ARS/USD

To find a better entry point, also find out what TradingView technical analysis tool signals for the Argentine Peso to US Dollar currency exchange rate. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.

ARS/USD Chart Online

What Influences ARS/USD Long-term Price Forecast

During this period of political and economic instability, the only factor influencing the price is uncontrollable hyperinflation, which has reached approximately 840% in the past 5 years. The ARS/USD price consistently declines without any rebounds or corrections. To stop hyperinflation, the Argentinian authorities have proposed a radical solution - the creation of a single currency zone with Brazil. This would:

  • Eliminate the need for currency conversion operations and the risks associated with exchange rate fluctuations, essentially moving away from the USD.
  • Simplify trade and reduce trade deficit, as Brazil is Argentina's main trading partner.
  • Engage other neighboring countries in an economic union.

This idea could indeed radically change the country's economic situation. However, analysts are skeptical about its feasibility, citing the different states of the economies involved as the main argument against it.


Other factors that could halt the devaluation of the Argentine peso include:

  • Addressing the trade balance deficit by restoring export volumes, which have suffered from the pandemic and natural factors.
  • Introducing a rule mandating exporters to sell their foreign currency earnings immediately, rather than at a more favorable exchange rate for exporters.
  • Reducing expenditures on social programs.

Most of the measures to lift the country out of the crisis are unpopular among the population, so their implementation remains uncertain for now.

Latest exchange rates online

Price prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

How much is one dollar in Argentine peso?

The ARS/USD price constantly changes. The main trend is a downward movement with the devaluation of the peso. The price has already dropped below 0.004.

What is the future of the Argentine peso?

Over the past few years, the peso has been devaluing without any corrections or reversals. According to analysts, the government currently lacks the tools to curb hyperinflation, so the ARS/USD price will continue to decline. However, there is a possibility of a reversal if effective measures are implemented.

When should I buy Argentine Peso?

It would make sense to buy the peso only after the country undergoes significant economic reforms that would halt hyperinflation.

What strategies are suitable for trading the Argentine peso?

While the country is devaluing the national currency, there is only one strategy - short positions.