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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Strong Downtrend (-100) - ARSZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ARSZAR continues to fall. Traders should use caution and set stops.

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.

FOREX_ARSZAR
Open High Low ARSZAR Price Change
0.01982864 0.01988836 0.01973190 0.01984375 +0.00001500
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 0.14452263

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2024 at 0.02028539

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.02083979

Smart Scan Analysis for ARSZAR

Based on our trend formula, ARSZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01982864 0.01988836 0.01973190 0.01984375 +0.00001500
Prev. Close Volume Bid Ask Time
0.01982864 2024-06-21 16:59:58
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