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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Argentine Peso/Chilean Peso (FOREX:ARSCLP)
Long-Term Downtrend (-90) - ARSCLP is in a strong downtrend that is likely to continue. While ARSCLP 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 ARSCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCLP.
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 ARSCLP
The long-term trend has been DOWN since Aug 26th, 2022 at 6.7274790
The intermediate-term trend has been DOWN since Mar 1st, 2024 at 1.1462496
The short-term trend has been DOWN since May 3rd, 2024 at 1.0850216
Smart Scan Analysis for ARSCLP
Based on our trend formula, ARSCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0637866 | 1.0637866 | 1.0637866 | 1.0637866 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0637866 | 2024-05-09 07:26:27 |