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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Argentine Peso/South African Rand (FOREX:ARSZAR)
Sidelines Mode (+55) - ARSZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ARSZAR
The long-term trend has been DOWN since Dec 1st, 2021 at 0.15617906
The intermediate-term trend has been UP since Nov 12th, 2024 at 0.01813528
The short-term trend has been DOWN since Nov 18th, 2024 at 0.01798050
Smart Scan Analysis for ARSZAR
Based on our trend formula, ARSZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01802187 | 0.01810077 | 0.01799590 | 0.01807313 | +0.00005100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01802187 | 2024-11-20 03:30:28 |