Forex Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
Argentine Peso/Australian Dollar (FOREX:ARSAUD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for ARSAUD
The long term trend has been DOWN since Aug 12th, 2019 at 0.03134400
The intermediate term trend has been UP since Jan 26th, 2020 at 0.02443210
The short term trend has been UP since Jan 19th, 2020 at 0.02425533
Smart Scan Analysis for ARSAUD
Based on a pre-defined weighted trend formula for chart analysis, ARSAUD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).