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.
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).