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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Argentine Peso/Canadian Dollar (FOREX:ARSCAD)

Countertrend Down (-85) - ARSCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.01244332 0.01246424 0.01242194 0.01242314 -0.00002000
Entry Signal

MarketClub’s Trade Triangles for ARSCAD

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 0.01277197

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 0.01278318

short term up The short-term trend has been UP since Oct 24th, 2021 at 0.01246377

Smart Scan Analysis for ARSCAD

Based on our trend formula, ARSCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01244332 0.01246424 0.01242194 0.01242314 -0.00002000
Prev. Close Volume Bid Ask Time
0.01244332 2021-10-26 07:13:46
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