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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

Argentine Peso/Canadian Dollar (FOREX:ARSCAD)

Long-Term Downtrend (-90) - ARSCAD is in a strong downtrend that is likely to continue. While ARSCAD 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 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
0.01612059 0.01612842 0.01590014 0.01599067 -0.00013000
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 down The short-term trend has been DOWN since Nov 16th, 2020 at 0.01643869

Smart Scan Analysis for ARSCAD

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

-90
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01612059 0.01612842 0.01590014 0.01599067 -0.00013000
Prev. Close Volume Bid Ask Time
0.01612059 2020-11-30 17:53:16
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