Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

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_AUDARS
Open High Low AUDARS Price Change
25.7940 25.8730 25.7610 25.8625 +0.0685
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long term trend has been UP since Dec 26th, 2017 at 13.9490

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 26.5915

short term down The short term trend has been DOWN since Oct 16th, 2018 at 25.6900

Smart Scan Analysis for AUDARS

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

-60
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.7940 25.8730 25.7610 25.8625 +0.0685
Prev. Close Volume Bid Ask Time
25.7940 25.8600 25.8650 2018-10-18 07:22:22
Want to analyze Australian Dollar/Argentine Peso AUDARS or another symbol? Try our Free Forex Trend Analysis Report.