Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)
Strong Downtrend (-100) - ARSHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for ARSHKD
The long-term trend has been DOWN since Dec 14th, 2017 at 0.44766000
The intermediate-term trend has been DOWN since Jan 1st, 2020 at 0.12978921
The short-term trend has been DOWN since Nov 16th, 2020 at 0.09720117
Smart Scan Analysis for ARSHKD
Based on our trend formula, ARSHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).