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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.

FOREX_ARSCAD
Open High Low ARSCAD Price Change
0.02054114 0.02054735 0.02051235 0.02053606 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for ARSCAD

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 0.02135298

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.02161850

short term up 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).

-75
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02054114 0.02054735 0.02051235 0.02053606 -0.00000500
Prev. Close Volume Bid Ask Time
0.02054114 0.02053481 0.02053731 2020-05-25 04:16:55
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