Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Argentine Peso/South African Rand (FOREX:ARSZAR)
Weak Downtrend (-65) - ARSZAR is showing signs of a strengthening downtrend. Monitor ARSZAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ARSZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSZAR
The long-term trend has been UP since Feb 28th, 2020 at 0.25413612
The intermediate-term trend has been DOWN since Apr 29th, 2020 at 0.27451523
The short-term trend has been DOWN since May 18th, 2020 at 0.27154621
Smart Scan Analysis for ARSZAR
Based on our trend formula, ARSZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).