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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)
Strong Downtrend (-100) - ARSHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ARSHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSHKD.
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 ARSHKD
The long-term trend has been DOWN since May 10th, 2021 at 0.08262158
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.00921800
The short-term trend has been DOWN since May 1st, 2024 at 0.00886042
Smart Scan Analysis for ARSHKD
Based on our trend formula, ARSHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00887598 | 0.00887869 | 0.00886096 | 0.00886386 | -0.00001200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00887598 | 2024-05-08 23:37:31 |