Electronic states at the ends of a narrow armchair nanoribbon give rise to a pair of nonlocally entangled spins. We propose two experiments to probe these magnetic states, based on magnetometry and tunneling spectroscopy, in which correlation effects lead to a striking, nonlinear response to external magnetic fields. On the basis of low-energy theories that we derive here, it is remarkably simple to assess these nonlinear signatures for magnetic edge states. The effective theories are especially suitable in parameter regimes where other methods such as quantum Monte Carlo simulations are exceedingly difficult due to exponentially small energy scales. The armchair ribbon setup discussed here provides a promisingly well-controlled (both experimentally and theoretically) environment for studying the principles behind edge magnetism in graphene-based nanostructures.