Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
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 DOWN since Jun 4th, 2020 at 0.24458383
The intermediate-term trend has been DOWN since Jan 21st, 2021 at 0.17205848
The short-term trend has been UP since Feb 25th, 2021 at 0.16739029
Smart Scan Analysis for ARSZAR
Based on our trend formula, ARSZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).