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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)

Long-Term Downtrend (-90) - ARSHKD is in a strong downtrend that is likely to continue. While ARSHKD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.00911452 0.00913672 0.00910918 0.00913650 +0.00002200
Entry Signal

MarketClub’s Trade Triangles for ARSHKD

long term down The long-term trend has been DOWN since Apr 6th, 2021 at 0.08443248

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

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.00916533

Smart Scan Analysis for ARSHKD

Based on our trend formula, ARSHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ARSHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00911452 0.00913672 0.00910918 0.00913650 +0.00002200
Prev. Close Volume Bid Ask Time
0.00911452 2024-03-29 09:01:55
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