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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Argentine Peso/Chilean Peso (FOREX:ARSCLP)
Sidelines Mode (-55) - ARSCLP 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 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.
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MarketClub’s Trade Triangles for ARSCLP
The long-term trend has been DOWN since Aug 26th, 2022 at 6.727479
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 1.017063
The short-term trend has been UP since Jul 21st, 2024 at 0.987265
Smart Scan Analysis for ARSCLP
Based on our trend formula, ARSCLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.022225 | 1.022225 | 1.022225 | 1.022225 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.022225 | 2024-07-26 07:26:05 |