Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Argentine Peso/Australian Dollar (FOREX:ARSAUD)
Crossroads (-60) - ARSAUD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for ARSAUD
The long-term trend has been DOWN since Jan 12th, 2022 at 0.01324503
The intermediate-term trend has been UP since Sep 27th, 2023 at 0.00449382
The short-term trend has been UP since Sep 21st, 2023 at 0.00446118
Smart Scan Analysis for ARSAUD
Based on our trend formula, ARSAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).