Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
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.
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 DOWN since May 23rd, 2022 at 0.01186301
The short-term trend has been UP since Aug 15th, 2022 at 0.01056249
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).