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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Argentine Peso/Canadian Dollar (FOREX:ARSCAD)
Countertrend Down (-85) - ARSCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ARSCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARSCAD
The long-term trend has been DOWN since Oct 4th, 2021 at 0.01277197
The intermediate-term trend has been DOWN since Apr 25th, 2024 at 0.00156407
The short-term trend has been UP since May 8th, 2024 at 0.00156215
Smart Scan Analysis for ARSCAD
Based on our trend formula, ARSCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00155643 | 0.00155802 | 0.00155607 | 0.00155664 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00155643 | 2024-05-09 08:04:22 |