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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

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.

FOREX_ARSAUD
Open High Low ARSAUD Price Change
0.02463302 0.02479551 0.02461278 0.02466752 +0.00003400
Entry Signal

MarketClub’s Trade Triangles for ARSAUD

long term up The long-term trend has been UP since Feb 2nd, 2020 at 0.02487169

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.02502650

short term down The short-term trend has been DOWN since Apr 6th, 2020 at 0.02535472

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).

-60
Smart Scan Analysis for ARSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02463302 0.02479551 0.02461278 0.02466752 +0.00003400
Prev. Close Volume Bid Ask Time
0.02463302 0.02466595 0.02466909 2020-04-09 07:36:56
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