Forex Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
Argentine Peso/Swiss Franc (FOREX:ARSCHF)
Long-Term Downtrend (-90) - ARSCHF is in a strong downtrend that is likely to continue. While ARSCHF 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 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.
MarketClub’s Trade Triangles for ARSCHF
The long-term trend has been DOWN since Aug 12th, 2019 at 0.02136700
The intermediate-term trend has been DOWN since May 19th, 2022 at 0.00832935
The short-term trend has been DOWN since Aug 8th, 2022 at 0.00719035
Smart Scan Analysis for ARSCHF
Based on our trend formula, ARSCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).