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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Argentine Peso/Australian Dollar (FOREX:ARSAUD)

Long-Term Downtrend (-90) - ARSAUD is in a strong downtrend that is likely to continue. While ARSAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00178477 0.00179745 0.00178415 0.00179034 +0.00000600
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 Mar 20th, 2024 at 0.00177183

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.00178583

Smart Scan Analysis for ARSAUD

Based on our trend formula, ARSAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ARSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00178477 0.00179745 0.00178415 0.00179034 +0.00000600
Prev. Close Volume Bid Ask Time
0.00178477 2024-03-28 19:33:30
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