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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_ARSCOP
Open High Low ARSCOP Price Change
84.232 84.232 84.232 84.232 0.000
Entry Signal

MarketClub’s Trade Triangles for ARSCOP

long term down The long term trend has been DOWN since Jan 7th, 2018 at 167.3500

intermediate term up The intermediate term trend has been UP since Oct 9th, 2018 at 80.7760

short term up The short term trend has been UP since Oct 2nd, 2018 at 75.8265

Smart Scan Analysis for ARSCOP

Based on a pre-defined weighted trend formula for chart analysis, ARSCOP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.232 84.232 84.232 84.232 0.000
Prev. Close Volume Bid Ask Time
84.232 83.044 85.420 2018-10-21 20:20:49
Want to analyze Argentine Peso/Colombian Peso ARSCOP or another symbol? Try our Free Forex Trend Analysis Report.