Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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 May 18th, 2017 at 0.48780500
The intermediate-term trend has been DOWN since Jan 1st, 2020 at 0.12978921
The short-term trend has been UP since Feb 3rd, 2020 at 0.12966114
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).