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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)

Countertrend Down (-85) - ARSHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ARSHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSHKD
Open High Low ARSHKD Price Change
0.00776958 0.00777072 0.00776744 0.00776866 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for ARSHKD

long term down The long-term trend has been DOWN since Nov 28th, 2021 at 0.07728350

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.00921800

short term up The short-term trend has been UP since Nov 15th, 2024 at 0.00780906

Smart Scan Analysis for ARSHKD

Based on our trend formula, ARSHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00776958 0.00777072 0.00776744 0.00776866 -0.00000100
Prev. Close Volume Bid Ask Time
0.00776958 2024-11-20 03:47:07
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