Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Argentine Peso/Canadian Dollar (FOREX:ARSCAD)
Bear Market Rally (-75) - ARSCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSCAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ARSCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSCAD
The long-term trend has been DOWN since Apr 14th, 2020 at 0.02135298
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.02161850
The short-term trend has been UP since May 22nd, 2020 at 0.02058929
Smart Scan Analysis for ARSCAD
Based on our trend formula, ARSCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).