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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Argentine Peso/Australian Dollar (FOREX:ARSAUD)

Bear Market Rally (-75) - ARSAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSAUD as it may be in the beginning of a reversal.

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
0.00168685 0.00169870 0.00168485 0.00169864 +0.00001200
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 May 22nd, 2024 at 0.00169590

Smart Scan Analysis for ARSAUD

Based on our trend formula, ARSAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ARSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00168685 0.00169870 0.00168485 0.00169864 +0.00001200
Prev. Close Volume Bid Ask Time
0.00168685 2024-05-22 14:32:51
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