Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Argentine Peso/Chilean Peso (FOREX:ARSCLP)
Bull Market Weakness (+75) - ARSCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ARSCLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ARSCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSCLP
The long-term trend has been UP since Jul 9th, 2021 at 7.832254
The intermediate-term trend has been UP since Sep 12th, 2021 at 8.090408
The short-term trend has been UP since Sep 21st, 2021 at 7.975559
Smart Scan Analysis for ARSCLP
Based on our trend formula, ARSCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).