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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Argentine Peso/Swiss Franc (FOREX:ARSCHF)
Long-Term Downtrend (-90) - ARSCHF is in a strong downtrend that is likely to continue. While ARSCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ARSCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCHF.
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 ARSCHF
The long-term trend has been DOWN since Jul 29th, 2021 at 0.00939169
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.00104238
The short-term trend has been DOWN since May 2nd, 2024 at 0.00103782
Smart Scan Analysis for ARSCHF
Based on our trend formula, ARSCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00103014 | 0.00103154 | 0.00102990 | 0.00103137 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00103014 | 2024-05-09 05:27:32 |