Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Long-Term Downtrend (-90) - ARSZAR is in a strong downtrend that is likely to continue. While ARSZAR is showing intraday strength, it remains in the confines of a bearish trend. 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.

Open	High	Low	ARSZAR Price	Change
0.05186176	0.05224863	0.05167164	0.05175703	-0.00010500
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

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

The intermediate-term trend has been DOWN since Oct 17th, 2023 at 0.05345693

The short-term trend has been DOWN since Nov 27th, 2023 at 0.05217017

Smart Scan Analysis for ARSZAR

Based on our trend formula, ARSZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.05186176	0.05224863	0.05167164	0.05175703	-0.00010500
Prev. Close	Volume	Bid	Ask	Time
0.05186176				2023-11-28 15:20:55

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