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Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

Argentine Peso/Canadian Dollar (FOREX:ARSCAD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_ARSCAD
Open High Low ARSCAD Price Change
0.052890 0.053075 0.052890 0.053075 +0.000185
Entry Signal

MarketClub’s Trade Triangles for ARSCAD

long term down The long term trend has been DOWN since Dec 26th, 2017 at 0.070065

intermediate term down The intermediate term trend has been DOWN since Apr 6th, 2018 at 0.063090

short term down The short term trend has been DOWN since May 21st, 2018 at 0.052410

Smart Scan Analysis for ARSCAD

Based on a pre-defined weighted trend formula for chart analysis, ARSCAD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052890 0.053075 0.052890 0.053075 +0.000185
Prev. Close Volume Bid Ask Time
0.052890 0.053070 0.053080 2018-05-23 05:37:23
Want to analyze Argentine Peso/Canadian Dollar ARSCAD or another symbol? Try our Free Forex Trend Analysis Report.