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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Argentine Peso/Swiss Franc (FOREX:ARSCHF)
Sidelines Mode (-55) - ARSCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARSCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARSCHF
The long-term trend has been DOWN since Oct 13th, 2021 at 0.00933586
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.00104238
The short-term trend has been UP since Oct 2nd, 2024 at 0.00087599
Smart Scan Analysis for ARSCHF
Based on our trend formula, ARSCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00087608 | 0.00087898 | 0.00087525 | 0.00087851 | +0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00087608 | 2024-10-08 07:40:27 |