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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Argentine Peso/Swiss Franc (FOREX:ARSCHF)

Countertrend Down (-85) - ARSCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ARSCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSCHF
Open High Low ARSCHF Price Change
0.00104490 0.00104857 0.00104457 0.00104726 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for ARSCHF

long term down The long-term trend has been DOWN since Apr 26th, 2021 at 0.00980198

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.00104238

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.00105025

Smart Scan Analysis for ARSCHF

Based on our trend formula, ARSCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00104490 0.00104857 0.00104457 0.00104726 +0.00000200
Prev. Close Volume Bid Ask Time
0.00104490 2024-04-24 19:39:46
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