Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Argentine Peso/Chilean Peso (FOREX:ARSCLP)
Strong Downtrend (-100) - ARSCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since May 4th, 2020 at 12.685496
The intermediate-term trend has been DOWN since Oct 19th, 2020 at 10.302025
The short-term trend has been DOWN since Feb 7th, 2021 at 8.377947
Smart Scan Analysis for ARSCLP
Based on our trend formula, ARSCLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).