Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Argentine Peso/Chilean Peso (FOREX:ARSCLP)
Weak Downtrend (-65) - ARSCLP is showing signs of a strengthening downtrend. Monitor ARSCLP as it may be building momentum to the downside.
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 6th, 2022 at 7.441614
The intermediate-term trend has been DOWN since Jul 29th, 2022 at 7.526482
The short-term trend has been DOWN since Jul 29th, 2022 at 7.895561
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).