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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Argentine Peso/Canadian Dollar (FOREX:ARSCAD)

Crossroads (+60) - ARSCAD 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 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
0.00158989 0.00158999 0.00158822 0.00158855 -0.00000100
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 up The intermediate-term trend has been UP since Apr 14th, 2024 at 0.00159062

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.00157926

Smart Scan Analysis for ARSCAD

Based on our trend formula, ARSCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00158989 0.00158999 0.00158822 0.00158855 -0.00000100
Prev. Close Volume Bid Ask Time
0.00158989 2024-04-16 02:09:21
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