Forex Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
Argentine Peso/Chilean Peso (FOREX:ARSCLP)
Sidelines Mode (+50) - ARSCLP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ARSCLP can gain momentum.
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 Aug 26th, 2022 at 6.7274790
The intermediate-term trend has been UP since Sep 10th, 2023 at 2.4883361
The short-term trend has been UP since Sep 5th, 2023 at 2.4405331
Smart Scan Analysis for ARSCLP
Based on our trend formula, ARSCLP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).