Forex Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
Australian Dollar/Argentine Peso (FOREX:AUDARS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for AUDARS
The long term trend has been UP since Dec 26th, 2017 at 13.9490
The intermediate term trend has been UP since Apr 27th, 2018 at 15.7760
The short term trend has been UP since Jun 11th, 2018 at 19.4135
Smart Scan Analysis for AUDARS
Based on a pre-defined weighted trend formula for chart analysis, AUDARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).