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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Bear Market Rally (-75) - ARSZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSZAR as it may be in the beginning of a reversal.

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
0.02202231 0.02202231 0.02199313 0.02200175 -0.00002100
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 Mar 5th, 2024 at 0.02240957

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.02186553

Smart Scan Analysis for ARSZAR

Based on our trend formula, ARSZAR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02202231 0.02202231 0.02199313 0.02200175 -0.00002100
Prev. Close Volume Bid Ask Time
0.02202231 2024-04-25 01:39:40
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