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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Argentine Peso/Australian Dollar (FOREX:ARSAUD)

Sidelines Mode (-55) - ARSAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ARSAUD
Open High Low ARSAUD Price Change
0.00164239 0.00164842 0.00163839 0.00164564 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for ARSAUD

long term down The long-term trend has been DOWN since Jan 12th, 2022 at 0.01324503

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.00174061

short term up The short-term trend has been UP since Jul 16th, 2024 at 0.00160928

Smart Scan Analysis for ARSAUD

Based on our trend formula, ARSAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ARSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00164239 0.00164842 0.00163839 0.00164564 +0.00000300
Prev. Close Volume Bid Ask Time
0.00164239 2024-07-26 19:51:37
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