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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

Argentine Peso/Canadian Dollar (FOREX:ARSCAD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_ARSCAD
Open High Low ARSCAD Price Change
0.071735 0.071765 0.071585 0.071585 -0.000150
Entry Signal

MarketClub’s Trade Triangles for ARSCAD

long term down The long term trend has been DOWN since Jun 13th, 2017 at 0.083175

intermediate term up The intermediate term trend has been UP since Oct 5th, 2017 at 0.072385

short term up The short term trend has been UP since Oct 17th, 2017 at 0.072395

Smart Scan Analysis for ARSCAD

Based on a pre-defined weighted trend formula for chart analysis, ARSCAD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071735 0.071765 0.071585 0.071585 -0.000150
Prev. Close Volume Bid Ask Time
0.071735 0.071570 0.071600 2017-10-20 10:21:32
Want to analyze Argentine Peso/Canadian Dollar ARSCAD or another symbol? Try our Free Forex Trend Analysis Report.