Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)

Bear Market Rally (-75) - ARSHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSHKD as it may be in the beginning of a reversal.

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.

Open	High	Low	ARSHKD Price	Change
0.02148510	0.02149967	0.02145538	0.02146335	-0.00002200
Entry Signal

MarketClub’s Trade Triangles for ARSHKD

The long-term trend has been DOWN since Dec 9th, 2020 at 0.09470869

The intermediate-term trend has been DOWN since Nov 6th, 2023 at 0.02230082

The short-term trend has been UP since Nov 27th, 2023 at 0.02189147

Smart Scan Analysis for ARSHKD

Based on our trend formula, ARSHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02148510	0.02149967	0.02145538	0.02146335	-0.00002200
Prev. Close	Volume	Bid	Ask	Time
0.02148510				2023-12-07 16:07:09

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