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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Argentine Peso/Australian Dollar (FOREX:ARSAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ARSAUD
Open High Low ARSAUD Price Change
0.036811 0.036838 0.036519 0.036597 -0.000214
Entry Signal

MarketClub’s Trade Triangles for ARSAUD

long term down The long term trend has been DOWN since Dec 26th, 2017 at 0.071650

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2018 at 0.038011

short term down The short term trend has been DOWN since Dec 11th, 2018 at 0.036653

Smart Scan Analysis for ARSAUD

Based on a pre-defined weighted trend formula for chart analysis, ARSAUD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ARSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.036811 0.036838 0.036519 0.036597 -0.000214
Prev. Close Volume Bid Ask Time
0.036811 0.036594 0.036601 2018-12-13 18:17:36
Want to analyze Argentine Peso/Australian Dollar ARSAUD or another symbol? Try our Free Forex Trend Analysis Report.