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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Bear Market Rally (-75) - ARSCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSCOP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
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 ARSCOP
The long-term trend has been DOWN since Sep 8th, 2022 at 31.3392490
The intermediate-term trend has been UP since Apr 21st, 2024 at 4.5032251
The short-term trend has been DOWN since May 5th, 2024 at 4.4331651
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4255509 | 4.4311046 | 4.4255509 | 4.4311046 | +0.0055540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4114828 | 2024-05-07 21:05:08 |